Drill Results from neighbouring site IndophilItogon's property is located on the NE border of Tiger's Expa 006 property!
EXPLORATION PROGRAM – THE PHILIPPINES
Indophil’s Itogon Gold Project in Northern Luzon commenced a
drilling program prior to the end of 2010. To date, eight holes have
been completed and the ninth hole is well advanced.
The program is testing shallow positions as well as lateral and depth
extensions of the Frog and Taka Barr vein systems. Details follow.
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QUARTERLY REPORT — For the three months ending 30 June 2011
Hole ID mE, UTM mN, UTM ASL metres
Length,
metres Azimuth Dip Target Status
ITDH025 250,981 1,808,586 1,084 251.60 125 -30 Frog Shallows Completed
ITDH026 250,929 1,808,497 1,098 252.00 125 -30 Frog Shallows Completed
ITDH027 250,864 1,808,408 1,126 200.10 125 -35 Frog Shallows Completed
ITDH028 250,828 1,808,412 1,127 150.00 0 -45 Taka Barr Completed
ITDH029 250,663 1,808,417 1,227 250.00 0 -45 Taka Barr Aborted
ITDH029B 250,663 1,808,417 1,227 250.00 0 -50 Taka Barr Completed
ITDH030 250,807 1,808,755 1,156 250.00 330 -45 14 Vein Completed
ITDH031 251,284 1,808,658 995 200.00 305 -30 Frog Central Vein Completed
ITDH032 251,230 1,808,556 1,043 200.00 305 -35 Frog Central Vein Completed
Assay are now available for all completed holes (except ITDH031 and 032) with the following significant results (>0.5 ppm gold)
Hole ID From (m) To (m) Interval Gold g/t Silver g/t Vein Structure Lithology
ITDH025 64.70 66.20 1.50 2.70 1.2 Frog Footwall Gabbroic Diorite
ITDH025 146.90 148.20 1.30 0.81 2.2 Frog Gabbroic Diorite
ITDH025 154.70 168.00 13.30 1.41 0.8 Frog Gabbroic Diorite
(including 154.70 156.10 1.40 3.37 0.8 Frog Gabbroic Diorite
(including 162.50 162.95 0.45 4.08 2.2 Frog Vein Zone
(including 165.95 168.00 2.05 2.63 0.6 Frog Vein Zone
ITDH026 0.00 2.00 2.00 1.33 2.9 Surface contamination? Soil
ITDH026 143.20 145.90 2.70 1.32 2.3 Frog Footwall Vein Zone
ITDH026 145.90 148.00 2.10 46.35 8.8 Frog Footwall Vein Zone
ITDH026 180.10 183.00 2.90 1.38 <0.5 Frog Footwall splay Vein Zone
ITDH026 228.10 229.10 1.00 0.69 1.4 Frog Gabbroic Diorite
ITDH026 245.30 247.00 1.70 0.73 <0.5 Frog Gabbroic Diorite
ITDH027 105.50 105.95 0.45 1.07 1.2 Frog Footwall Vein Zone
ITDH027 149.90 152.75 2.85 1.87 0.6 Frog Gabbroic Diorite
ITDH028 42.80 48.30 5.50 4.25 1.6 Taka Barr vein system Vein Zone
ITDH028 51.60 54.80 3.20 7.08 2.2 “ , includes mine fill Gabbroic Diorite
ITDH028 60.40 62.10 1.70 1.15 1.3 Taka Barr vein system Gabbroic Diorite
ITDH028 65.00 68.10 3.10 3.88 3.2 “ , includes mine fill Vein Zone
ITDH028 108.55 110.65 2.10 2.32 2.6 25Vein system Gabbroic Diorite
ITDH028 130.40 131.40 1.00 3.29 0.8 25Vein system Gabbroic Diorite
ITDH029B 62.30 63.90 1.60 4.57 1.6 Taka Barr Vein system Gabbroic Diorite
ITDH029B 84.00 94.40 10.40 1.97 1.0 Taka Barr Vein system,
includes mine fill
Mine Fill
(including 87.20 90.70 3.50 4.62 1.3 “, includes mine fill Gabbroic Diorite
(including 96.40 97.50 1.10 2.16 8.6 Taka Barr Vein system Gabbroic Diorite
(including 194.45 204.70 9.45 0.92 0.5 Santoy Vein Gabbroic Diorite
(including 199.80 200.50 0.25 2.11 1.7 Santoy Vein Vein Breccia
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CORPORATE INFORMATION
ASX listed code IRN
Total listed shares
(as of 15 July 2011) 995,437,860
Unlisted options 1,950,000
* Price trading range for
the June 2011 quarter:
High 61.9¢
Low 34¢
Current 39¢
* All currencies in Australian dollars
unless stated otherwise. Trading period
covers pre and post offer period.
Directors
Non-Executive Chairman
Brian Phillips
CEO and Managing Director
Richard Laufmann
Executive Director
Tony Robbins
Non-Executive Director
Kyle Wightman
Company Secretary and
Chief Financial Officer
Anita Krauser
For further information, please contact:
Gavan Collery
Manager Corporate Affairs
Indophil Resources NL
Email: gavan.collery@indophil.com
Office: +61 (03) 8620 5803
Mob: +61 (0) 419 372 210
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QUARTERLY REPORT — For the three months ending 30 June 2011
Hole ID From (m) To (m) Interval Gold g/t Silver g/t Vein Structure Lithology
ITDH030 36.40 38.30 1.90 0.52 1.0 Gabbroic Diorite
ITDH030 48.20 50.45 2.25 1.80 2.4 Gabbroic Diorite
ITDH030 61.70 63.60 1.90 0.67 1.3 Gabbroic Diorite
ITDH030 83.90 86.40 2.50 0.63 1.1 14 Vein Gabbroic Diorite
ITDH030 87.30 89.90 2.60 2.12 2.5 14 Vein Gabbroic Diorite
ITDH030 105.20 107.10 1.90 0.77 1.2 Mine Fill
ITDH030 125.45 126.70 1.25 3.91 2.1 Sesame Vein Gabbroic Diorite
ITDH030 132.00 132.35 0.35 1.16 1.7 Sesame Vein Gabbroic Diorite
ITDH030 143.20 144.00 0.80 4.89 2.7 Gabbroic Diorite
ITDH030 178.65 179.65 1.00 1.37 1.1 Gabbroic Diorite
ITDH030 189.80 190.80 1.00 10.70 1.5 Sesame vein splay Gabbroic Diorite, quartz vein
ITDH030 193.00 194.00 1.00 11.51 1.0 Sesame vein splay Gabbroic Diorite, quartz vein
ITDH030 200.90 203.00 2.10 0.58 0.8 Gabbroic Diorite+ Andesite,
quartz vein
Under a Memorandum of Understanding with Anvil Mining, Indophil has assumed Anvil’s position in an exploration and development agreement wit