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Southern Arc Minerals Inc.

Published : July 31st, 2007

Drills 192.25 Metre Intercept Grading 0.36% Cu and 0.74 g/t Au

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Keywords :   Australia | Copper | Diamond | Indonesia |

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Southern Arc Minerals Inc.
TSX VENTURE:SA
Other Recent News

July 31, 2007
Southern Arc Drills 192.25 Metre Intercept Grading 0.36% Cu and 0.74 g/t Au From Its Initial Drill Hole at Blongas II (Selodong) Porphyry Target
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 31, 2007) - Southern Arc Minerals Inc. (TSX VENTURE:SA) is pleased to announce that drillhole SLD004 targeting the Blongas II porphyry Cu-Au target within the Selodong Intrusive Complex (SIC) on SA's Lombok property has returned:-

192.25 m at 0.36% Cu and 0.74 g/t Au from 160.25 to 352.50 m

(including 102.25 m at 0.50% Cu and 1.05 g/t Au from 176.55 to 278.80 m)

The drillhole was completed to a total depth of 605.0 metres and also intersected other mineralized intervals of:-

39.90 m at 0.20% Cu and 0.29 g/t Au from 16.60 to 44.70 m

121.95 m at 0.21% Cu and 0.30 g/t Au from 399.55 to 521.50 m

The deeper intersections are included in broader zone of mineralisation which returned:

407.35 m @ 0.25% Cu and 0.45 g/t Au from 160.25 to 567.50 m

Drill hole SLD004 (Figure 1) was drilled on a southwest azimuth at an inclination of -65 degrees targeting extensions of Cu-Au mineralization previously intersected in drillholes SGD002 and SGD003 completed by Newmont. These returned:-

SGD002: 192.2 m at 0.25% Cu and 0.54 g/t Au from 153.3 to 345.5 m

(including 61.1 m at 0.38% Cu and 0.93 g/t Au from 202.6 to 263.7 m)

SGD003: 285.0 m at 0.19% Cu and 0.38 g/t Au from 154.8 to 439.8 m

(including 67.1 m at 0.29% Cu and 0.71 g/t Au from 267.4 to 334.5 m)

The upper 85 m of SLD004 intersected sheared, phyllic altered dioritic intrusives, with localized stockwork veining and rare secondary copper minerals. From 85 to 160 m a post-mineralization hornblende diorite dyke was intersected. Variable secondary magnetite alteration, with associated porphyry-style stockwork and disseminated copper sulfide minerals are observed within diorite intrusives between 160 to 523 m. Post-mineralization diorite dykes cross-cut these intrusives from 352 to 390 m. Strong secondary potassic-altered feldspar porphyry intrusives were logged in the remainder of the hole.

SA's recent compilation of surface geological mapping, geochemical and geophysical results has developed 15 porphyry Cu/Au drill targets within the Selodong Intrusive Complex. Figure 2 shows the locations of porphyry drill targets developed to date.

To simplify drillhole nomenclature for such a large number of targets within the SIC, all SA Diamond drillholes in this area will be given the Prefix SLD and unique numbers. Consequently, previously reported drillholes MB001, MB002 and MB003 have been renamed SLD001, SLD002 and SLD003 respectively.

Because of the strong spatial correlation of elevated Cu-Au grades and secondary magnetite alteration recognized in drillholes to date, SA has commissioned geophysical consultants GRS of Brisbane, Australia to undertake modeling of ground magnetic data from the Selondong area. All relevant surface and drilling data has been supplied to GRS, with the objective of developing 3D geological/geomagnetic models to focus ongoing drill targeting and exploration within the Selodong Intrusive Complex (SIC).

Drill hole SLD005, the second of three planned holes at Blongas II commenced on July 22, 2007 and is expected to be completed by mid August. This drillhole location is shown in Figure 1.

Qualified Person and Quality Control and Assurance

The information in this release has been compiled under the supervision of Southern Arc's Vice President of Exploration, Hamish Campbell B.Sc.Geology, MAusIMM. Mr. Campbell has over 23 years of international mineral exploration experience including 21 years in Indonesia during which he has held such positions as Exploration Manager, Senior Geologist and Consulting Geologist. Mr. Campbell has sufficient experience relevant to the style of mineralization under consideration and qualifies as a Qualified Person as defined in terms of NI 43-101.

All assaying of samples was undertaken by the ITS laboratory in Jakarta. ITS is one of the world's largest product and commodity testing, inspection and certification organizations. The Jakarta laboratory is ISO 17025 accredited and employs a Laboratory Information Management System (LIMS) for sample tracking, quality control and reporting. In addition to the laboratory's quality assurance program, the Company employs its own comprehensive quality assurance/control program including blanks and standards.

On behalf of the Board of Southern Arc Minerals Inc.

John Proust, President and CEO

To view Figure 1 please click on the following link: http://www.ccnmatthews.com/docs/sa0731_fig1.JPG

To view Figure 2 please click on the following link: http://www.ccnmatthews.com/docs/sa0731_fig2.JPG


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Southern Arc Minerals Inc.
John Proust
President and CEO
(604) 676-5241
Fax: (604) 676-5246
Website: www.southernarcminerals.com
INDUSTRY: Manufacturing and Production - Mining and Metals

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Data and Statistics for these countries : Australia | Indonesia | All
Gold and Silver Prices for these countries : Australia | Indonesia | All

Southern Arc Minerals Inc.
CODE : SA.V
ISIN : CA8422001070
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Southern Arc is a gold exploration company based in Canada.

Southern Arc holds various exploration projects in Indonesia.

Its main exploration properties are SELODONG, WEST LOMBOK and EAST LOMBIK in Indonesia.

Southern Arc is listed in Canada. Its market capitalisation is CA$ 13.6 millions as of today (US$ 10.2 millions, € 8.7 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 2.48, and its lowest recent point on November 22, 2013 at CA$ 0.03.

Southern Arc has 15 230 000 shares outstanding.
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