Overview
Hillgrove has secured 2,815 square kilometres of ground comprising two major projects - the Bird's Head Project on the north western tip of the eastern Indonesian province of West Papua and a gold prospect on the island of Sumba, west of Timor.
The Bird's Head Project represents an excellent opportunity to explore for large scale epithermal and porphyry style mineralisation within a geological setting that has been proven to host world class deposits. The Project covers a large area of what is interpreted to be the westward continuation of the New Guinea "Orogenic Belt" which contains the giant Ertsberg/Grasberg, Porgera and Ok Tedi deposits. The Bird's Head Project has key ingredients to potentially host a deposit of significant size with two advanced prospects, Delta and Alpha, which could be drill ready in six months.
BIRDS HEAD PROJECT, WEST PAPUA
P.T. Akram Resources was awarded an exploration license or Kuasa Penambangan (KP) over 1,815 square kilometres of the Bird's Head Peninsula (Kepala Burung) in West Papua, Indonesia on the 4 December 2008. Hillgrove has undertaken to conduct exploration work, feasibility studies if justified, and steps to advance the KP to exploration status in return for an indirect 80% interest.
The Bird's Head Project is located in north-western West Papua in the Indonesian province of Papua Barat. The regional centre of Sorong, located approximately 130 kilometres to the southwest, is supported by regular commercial air and sea services. The KP license area is sparsely populated and covers areas ranging from the coast through to moderate elevations of around 2,500 metres within 40 kilometres of the coast.
The KP covers a number of mineralised areas explored between 1986 and early 1993 and shown to contain extensive porphyry style copper-gold and epithermal gold mineralisation, with five major zones identified. Three stream drainages showing detrital gold were named Alpha, Bravo and Golf and prioritised as epithermal style gold targets and an additional two, Foxtrot and Delta, as porphyry style copper-gold targets.
The extensive gold and base metal mineralisation already identified plus the excellent geology, matched with a large exploration data base, means Hillgrove is in the hunt for a potential major discovery. The attractiveness of the Project is highlighted by the fact that on the same basis as Hillgrove, two international majors were concurrently awarded KP's in the same area.
Exploration Programme
The KP is in a 12 month general survey phase aimed at advancing prospects to drill definition. Work continues on compiling previous exploration reports and historic data, and establishing support for ground activities. Logistical and geological services have been established in Jakarta and Sorong, which includes geologists and staff highly experienced in working in West Papua.
Hillgrove, through its partner PT Akram Resources, has completed the socialisation phase of activities at the Bird's Head Project and is has completed the construction of a base camp for field activities. Field exploration is currently underway.
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