SYS-CON MEDIA Authors: Trevor Parsons, Sandi Mappic, Pat Romanski, Elizabeth White, Yeshim Deniz

News Feed Item

Barisan Gold Commences Drilling Hole UTD-005 at Upper Tengkereng

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/29/14 -- Barisan Gold Corporation (TSX VENTURE: BG) is pleased to announce that drilling has commenced at hole UTD-005 at its Upper Tengkereng porphyry prospect, located in the Province of Aceh, Indonesia.

After further internal review, hole UTD-005 has been slightly adjusted. It is now being drilled with an azimuth of 55 degrees and an inclination of 78 degrees. The steeper incline is to align the depths where it is anticipated UTD-005 will intersect the high-grade zone identified at the bottom of UTD-002. The final 59 metres of UTD-002 intersected 1.2 g/t gold + 0.5% copper, the highest grade intercept longer than 50 metres returned at Upper Tengkereng so far. An updated map is available on the Barisan Gold website (www.barisangold.com/barisanporphyry/uppertengkereng) that shows the positioning of UTD-005 in relation to UTD-002. The UTD-005 drill pad is situated 200 metres down hole of the UTD-002 drill pad in a north-easterly direction. As such, a steeper incline of 78 degrees (versus 60 degrees at UTD-002) is required in order to reach the same depth in the same general area of the high-grade zone.

Based on internal geological models, UTD-005 should reach the high-grade zone of UTD-002 at approximately the 520 metre mark. UTD-005 is seeking to extend that high-grade zone both at depth and in a northeast direction. The table below summarizes the assay results for hole UTD-002, which were initially released on January 17, 2011 by the previous owner of the project who drilled that hole, with a side-by-side comparison of what our internal geological models predict will happen in UTD-005.

Hole UTD-005 is planned to a minimum length of 750 metres and a maximum length of 1,750 metres depending on where the limestone contact zone is intersected. As UTD-005 is being drilled towards the limestone footprint located to the northeast of the diorite footprint, it is anticipated that UTD-005 will intersect the limestone contact zone at some point, as long as the limestone is vertically dipping. If the limestone contact zone dips in a straight vertical line, it will be intersected at approximately the 750-metre mark. If on the other hand, the limestone contact zone dips in a horizontal line, UTD-005 will never intersect it, in which case UTD-005 could be drilled up to 1,750 metres in length or until mineralization is no longer intercepted.


----------------------------------------------------------------------------
                           UTD-002                                UTD-005
----------------------------------------------------------------------------
                                                                   Projected
Length       Rock Type                         Gold   Copper          Length
----------------------------------------------------------------------------
0 - 6 m      Soil                               - -      - -         0 - 6 m
----------------------------------------------------------------------------
6 - 12 m     Argillic, Hydro Breccia        0.1 g/t      0.1%   Part of UTD-
                                                              002 located to
                                                               the Southwest
                                                                  of UTD-005
                                                                   Drill Pad
-------------------------------------------------------------
12 - 66 m    Advanced Argillic-Argillic,
             Volcaniclastic
             Sediments/Hydro Breccia        0.6 g/t      0.3%
-------------------------------------------------------------
66 - 118 m   Advanced Argillic,
             Volcaniclastic
             Sediments/Hydro Breccia        0.3 g/t      0.1%
-------------------------------------------------------------
118 - 226 m  Advanced Argillic, Feldspar
             Porphyry                       0.2 g/t      0.3%
-------------------------------------------------------------
226 - 294 m  Advanced Argillic, Feldspar
             Porphyry                       0.3 g/t      0.5%
-------------------------------------------------------------
294 - 340 m  Advanced Argillic, Feldspar
             Porphyry                       0.4 g/t      0.8%
----------------------------------------------------------------------------
340 - 402 m  Phyllic, Feldspar Porphyry     0.4 g/t      0.3%      6 - 125 m
----------------------------------------------------------------------------
402 - 460m   Phyllic/Chlorite-Sericite,
             Hornblende Feldspar Porphyry   0.5 g/t      0.1%    125 - 200 m
----------------------------------------------------------------------------
460 - 484 m  Phyllic, Feldspar Porphyry     0.1 g/t      0.2%    200 - 230 m
----------------------------------------------------------------------------
484 - 528 m  Chlorite-Sericite,
             Hornblende Feldspar Porphyry   0.3 g/t      0.1%    230 - 300 m
----------------------------------------------------------------------------
528 - 576 m  Phyllic, Feldspar Porphyry     0.3 g/t      0.2%    300 - 400 m
----------------------------------------------------------------------------
576 - 596 m  Argillic-Phyllic, Feldspar
             Porphyry                       0.9 g/t      0.3%    400 - 450 m
----------------------------------------------------------------------------
596 - 638 m  Unaltered, Hornblende
             Diorite                             Barren Zone     450 - 525 m
----------------------------------------------------------------------------
638 - 697 m  Argillic-Phyllic, Feldspar
             Porphyry                       1.2 g/t      0.5%    525 - 675 m
----------------------------------------------------------------------------
- -          ???                         Hole Ended at 697 m     675 - 750 m
----------------------------------------------------------------------------
- -          Limestone                   Hole Ended at 697 m      From 750 m
----------------------------------------------------------------------------

Based on the drilling pace achieved at UTD-003 and UTD-004, it is anticipated that UTD-005 will reach the 520-metre mark of hole UTD-005 during the week of February 17, 2014 and reach the 750-metre mark during the week of March 3, 2014.

Separately, final assays for 986-1,465 metre section of UTD-004 are currently being analyzed by PT Intertek Indonesia and will be released once they have been submitted and reviewed by Barisan Gold.

Dibiansyah Hamid, MAIG, the designated QP within the meaning of NI 43-101, has reviewed and approved the content of this release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To receive or stop receiving BG news via email, please email [email protected] and state your preference in the subject line.

FOR FURTHER INFORMATION, visit the Company's website at www.barisangold.com.

About Barisan Gold Corporation

Barisan Gold (TSX VENTURE: BG) is a Canadian-based minerals exploration company listed on the TSX Venture Exchange under the symbol "BG". The Company is engaged in the exploration, acquisition and development of mineral properties in Indonesia. Barisan Gold currently owns and operates two gold and gold-copper properties in Indonesia's Aceh Province on the northern tip of Sumatra Island, namely the Barisan gold-copper porphyry belt and the Abong epithermal gold project. Barisan Gold currently has 40,721,186 shares outstanding.

Caution Regarding Forward Looking Statements

Certain statements in this News Release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning future work programs at the Company's Upper Tengkereng Porphyry prospect, results and timing of any work programs, the Company's performance or events as of the date hereof. These statements reflect management's current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, and other relevant conversion factors, permitting and licensing risks; and general market and mining exploration risks. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not place undue reliance on any forward looking statement. Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward looking statements to reflect events or changes in circumstances that occur after the date hereof.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@CloudExpo Stories
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at Internet of @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, will discuss how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money! Speaker Bio: ...
Compute virtualization has been transformational, yet security policy implementation and enforcement has lagged behind in agility and automation. There are a number of key considerations when implementing policy in private and hybrid clouds. In his session at 15th Cloud Expo, Holland Barry, VP of Technology at Catbird, will discuss the impact of this new paradigm and what organizations can do today to safely move to software-defined network and compute architectures, including: How normal ope...
Samsung VP Jacopo Lenzi, who headed the company's recent SmartThings acquisition under the auspices of Samsung's Open Innovaction Center (OIC), answered a few questions we had about the deal. This interview was in conjunction with our interview with SmartThings CEO Alex Hawkinson. IoT Journal: SmartThings was developed in an open, standards-agnostic platform, and will now be part of Samsung's Open Innovation Center. Can you elaborate on your commitment to keep the platform open? Jacopo Lenzi: S...
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic • Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff hap...
SYS-CON Events announced today that SOA Software, an API management leader, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. SOA Software is a leading provider of API Management and SOA Governance products that equip business to deliver APIs and SOA together to drive their company to meet its business strategy quickly and effectively. SOA Software’s technology helps businesses to accel...
SYS-CON Events announced today that Utimaco will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Utimaco is a leading manufacturer of hardware based security solutions that provide the root of trust to keep cryptographic keys safe, secure critical digital infrastructures and protect high value data assets. Only Utimaco delivers a general-purpose hardware security module (HSM) as a customiz...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
SYS-CON Events announced today that ElasticBox is holding a Hackathon at DevOps Summit, November 6 from 12 pm -4 pm at the Santa Clara Convention Center in Santa Clara, CA. You can enter as an individual or team of up to 10 developers. A New Star Is Born Every Month! All completed ElasticBoxes will then be sent to a judging panel - 12 winners will be featured on the ElasticBox website in 2015. All entrants will receive five full enterprise licenses for one year + ElasticBox headphones + Elasti...
Once the decision has been made to move part or all of a workload to the cloud, a methodology for selecting that workload needs to be established. How do you move to the cloud? What does the discovery, assessment and planning look like? What workloads make sense? Which cloud model makes sense for each workload? What are the considerations for how to select the right cloud model? And how does that fit in with the overall IT tranformation? In his session at 15th Cloud Expo, John Hatem, head of V...
Cloud services are the newest tool in the arsenal of IT products in the market today. These cloud services integrate process and tools. In order to use these products effectively, organizations must have a good understanding of themselves and their business requirements. In his session at 15th Cloud Expo, Brian Lewis, Principal Architect at Verizon Cloud, will outline key areas of organizational focus, and how to formalize an actionable plan when migrating applications and internal services to...
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, will discuss how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP ...
Ixia develops amazing products so its customers can connect the world. Ixia helps its customers provide an always-on user experience through fast, secure delivery of dynamic connected technologies and services. Through actionable insights that accelerate and secure application and service delivery, Ixia's customers benefit from faster time to market, optimized application performance and higher-quality deployments.
SYS-CON Events announced today that Calm.io has been named “Bronze Sponsor” of DevOps Summit Silicon Valley, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Calm.io is a cloud orchestration platform for AWS, vCenter, OpenStack, or bare metal, that runs your CL tools puppet, Chef, shell, git, Jenkins, nagios, and will soon support New Relic and Docker. It can run hosted, or on premise and provides VM automation / expiry, self-service portals,...
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, will focus on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud pla...
SYS-CON Events announced today that Aria Systems, the recurring revenue expert, has been named "Bronze Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Aria Systems helps leading businesses connect their customers with the products and services they love. Industry leaders like Pitney Bowes, Experian, AAA NCNU, VMware, HootSuite and many others choose Aria to power their recurring revenue bu...
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce t...
As Platform as a Service (PaaS) matures as a category, developers should have the ability to use the programming language of their choice to build applications and have access to a wide array of services. Bluemix is IBM's open cloud development platform that enables users to easily build cloud-based, creative mobile and web applications without having to spend large amounts of time and resources on configuring infrastructure and multiple software licenses. In this track, you will learn about the...
Blue Box has closed a $10 million Series B financing. The round was led by a strategic investor and included participation from prior investors including Voyager Capital and Founders Collective, as well as the Blue Box executive team. This round follows a $4.3 million Series A closed in December of 2012 and led by Voyager Capital. In May of this year, the company announced general availability of its private cloud as a service offering, Blue Box Cloud. Since that release, the company has dem...
SYS-CON Events announced today that Verizon has been named "Gold Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Verizon Enterprise Solutions creates global connections that generate growth, drive business innovation and move society forward. With industry-specific solutions and a full range of global wholesale offerings provided over the company's secure mobility, cloud, strategic network...
SimpleECM is the only platform to offer a powerful combination of enterprise content management (ECM) services, capture solutions, and third-party business services providing simplified integrations and workflow development for solution providers. SimpleECM is opening the market to businesses of all sizes by reinventing the delivery of ECM services. Our APIs make the development of ECM services simple with the use of familiar technologies for a frictionless integration directly into web applicat...