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News Releases - August 9, 1996
Consolidated Silver Tusk Mines Ltd. is pleased to announce further excellent assay trenching results on it's 80% owned Pt. Karya Bukit Utama, volcanic hosted, low sulphidation, epithermal gold-silver property, 65 km west of Lampung on the Island of Sumatra, Indonesia.
Gate Trench HS #3, located 1550 feet north of Trench #1 across a 65 foot width, cross-cutting the mineralized structure with an estimated strike length of approximately 8 kilometres.
Channel samples (uncut), 2 metres apart, and contiguous, taken across a 65 foot width, assay results as follows:
WIDTH (metres) GOLD/GMS/TON SILVER/GMS/TON (contiguous) 00 - 02m (6 ft) 1.06 400.0 02 - 04m 0.03 23.6 04 - 06m 4.85 580.0 06 - 08m 311.00 2,206.0 08 - 10m 207.00 37.7 10 - 12m 0.535 480.0 12 - 14m 64.87 280.0 14 - 16m 1.21 151.0 16 - 18m 4.09 58.7 18 - 20m 0.155 8.3
Average: 59.48 GMS GOLD/TON and 422.53 GMS SILVER/TON (1.75 oz. gold/ton) (12.43 oz. silver/ton)
Reported trenching samples were submitted for assay PRIOR to drilling beginning on the property.
Trench #1 averaged 11.5 GMS GOLD/TON and 621 GMS SILVER/TON across 30 feet. Trench #2 averaged 2.36 GMS GOLD/TON and 809 GMS SILVER/TON across 30 feet.
Assays from Hole BMW96-1 and BMW96-2 are pending as are further trenching results.
Phase 1, of the Exploration Program continues. This includes trenching and sampling, opening of twenty-seven (27) old adits, geological mapping, and drilling of up to 15 holes.
CONSOLIDATED SILVER TUSK MINES LTD.
DR. ROBERT E. LEE PRESIDENT
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