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Southern Arc Minerals Inc.

Publié le 14 août 2007

Fifteen Porphyry Cu-Au Drill Targets Identified Within Southern Arc's Selodong Prospect

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

August 14, 2007
Fifteen Porphyry Cu-Au Drill Targets Identified Within Southern Arc's Selodong Prospect
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 14, 2007) - Southern Arc Minerals Inc. (TSX Venture:SA) is pleased to announce that detailed geological mapping, geochemical sampling, scout drilling and newly completed studies by independent geophysical consultants, has defined 15 porphyry Cu-Au drill target areas within SA's Selodong Intrusive Complex (SIC). The Selodong Intrusive Complex covering an area of approximately 7 by 3 kilometres, is situated at the southern end of a 13 km long, northwest trending structural corridor of mineralization and alteration on SA's Lombok property.

Since April 2007, SA has completed four drill holes (SLD001 to SLD004) totaling 2,242.5 metres in the SIC area, with the fifth, SLD005 currently in progress. These holes have tested two of the 15 porphyry Cu-Au targets and all have intersected broad zones (363.5 to 442.2 metres) of significant Cu-Au mineralization. Within these intervals significant widths of high grade Cu-Au values were intersected and as such the SIC porphyry system would be classified in the "Gold-Rich" category of porphyry Cu mineralization. Details of holes drilled by SA in the SIC area are detailed in Table 1 below:


Table 1: Southern Arc SIC Drilling Intercepts

---------------------------------------------------------------------------
              UTM Coord.
        ---------------                                    Significant
Hole      East    North   Elev.     Azi.     Incl.  Depth  Drill
          -ing     -ing     (m)    (deg)     (deg)     (m) Intersection
---------------------------------------------------------------------------
SLD001  390950  9021167  130.9  045 deg-  -65 deg-  476.0  442.2 m at 0.28%
                                   rees      rees          Cu / 0.42 g/t Au
                                                           from 33.8 m
                                                           (incl. 105.0 m
                                                           at 0.60% Cu /
                                                           1.04 g/t Au
                                                           from 33.8 m)
---------------------------------------------------------------------------
SLD002  391049  9021236  150.3  225 deg-  -60 deg-  518.0  384.65 m at 0.30%
                                   rees      rees          Cu / 0.40 g/t Au
                                                           from 18.1 m
                                                           (incl. 117.2 m
                                                           at 0.56% Cu /
                                                           0.80 g/t Au
                                                           from 118.7 m
---------------------------------------------------------------------------
SLD003  390869  9021117  149.8  090 deg-  -60 deg-  643.5  363.5 m at 0.30%
                                   rees      rees          Cu / 0.51 g/t Au
                                                           from 33.3 m
                                                           (incl. 250.1 m
                                                           at 0.35% Cu /
                                                           0.64 g/t Au
                                                           from 33.3 m)
---------------------------------------------------------------------------
SLD004  391158  9022027   78.3  220 deg-  -65 deg-  605.0  407.25 m at 0.25%
                                   rees      rees          Cu / 0.45 g/t Au
                                                           from 160.25 m
                                                           (incl. 192.25 m
                                                           at 0.36% Cu /
                                                           0.74 g/t Au
                                                           from 160.25 m)
---------------------------------------------------------------------------
SLD005  391017  9021886   95.7  090 deg-  -65 deg-         Hole in
                                   rees      rees          progress.
---------------------------------------------------------------------------
 
Due to the strong spatial correlation of elevated Cu-Au grades and secondary magnetite alteration recognized in drill holes, SA has commissioned geophysical consultants GRS of Brisbane, Australia to undertake modeling of ground magnetic data from the SIC area. Preliminary images from 3D geological/geomagnetic models by GRS confirm the potential for significant depth and size of the 15 targets.

These 15 distinct porphyry Cu-Au drill targets are located over an aerial extent in excess of 20 square kilometers. They show coincident magnetic highs associated with secondary magnetite alteration, elevated surface Cu-Au-Mo geochemistry and associated intense fracturing and vein stockworks typical of porphyry Cu-Au deposits. Six of these targets were scout drilled by the previous operator Newmont and this drilling has confirmed the model. The remaining nine target areas have yet to be drill tested. Details of each of these drill targets are shown in Table 2, whilst locations are shown in Figure 1.

Based on the encouraging drilling results to date and the large number of porphyry Cu-Au drill targets as detailed in Table 2, Management intends to drill test each target to better understand the geometry, grade, and size potential with the objective of prioritizing the targets for future work.


Table 2: Selodong Intrusive Complex Porphyry Cu-Au Drill Targets

---------------------------------------------------------------------------
                           Geophysics                        Mineralized
                    -----------------                        Drill
                      3D Mag       IP  Surface Geochemistry  Intercepts
                    ----------------- ---------------------  Cu in %,
Anomaly  Geology    Mod High Mod High Soil Rock  Cu  Au  Mo  Au in g/t)
---------------------------------------------------------------------------
Montong  Magnetite    X             X    X    X   X   X   X  - 18 shallow
Botek    altered                                             drill holes
         diorite +                                           max. depth
         quartz                                              155.5 m.
         stockworks                                          - 4 deep
         centred on                                          drill holes
         N & NE                                              (3 by SA)
         structure.                                          to max. depth
                                                             643.5 m.
                                                             - Intercepts
                                                             from 14 to
                                                             442.2 m, with
                                                             ranges of
                                                             0.21-0.6 Cu &
                                                             0.24-1.04 Au.
                                                             - Best
                                                             interval:
                                                             442.2 m @ 0.28
                                                             Cu & 0.42 Au
                                                             (incl. 105.0 m
                                                             @ 0.6 Cu &
                                                             1.04 Au)
---------------------------------------------------------------------------
Blongas  Magnetite    X             X    X    X   X   X   X  - 4 shallow
I (BI)   altered                                             drill holes,
         diorite +                                           max. depth
         quartz                                              129.9m.
         stockworks                                          - 1 deep
         centred on                                          drill hole
         N & NE                                              depth 501.2m.
         structure.                                          - Intercepts
                                                             from 20.5 to
                                                             115.1m, with
                                                             ranges of
                                                             0.09-0.19 Cu
                                                             & 0.1-0.3 Au.
                                                             - Best
                                                             interval:
                                                             115.1m @ 0.14
                                                             Cu & 0.24 Au.
---------------------------------------------------------------------------
Blongas  Magnetite         X        X    X        X   X   X  - 10 shallow
II (BII) altered                                             drill holes
         diorite +                                           max. depth
         quartz                                              150m.
         stockworks                                          - 3 deep
         centred on                                          holes  (1 by
         N & NE                                              SA) to max.
         structure.                                          depth 605m.
                                                             - Intercepts
                                                             from 40.4 to
                                                             407.25m with
                                                             ranges of
                                                             0.19-0.5 Cu
                                                             and 0.25-1.05
                                                             Au.
                                                             - Best
                                                             interval:
                                                             407.25m @ 0.25
                                                             Cu & 0.45 Au
                                                             (incl. 102.25m
                                                             @ 0.5 Cu &
                                                             1.05 Au)
---------------------------------------------------------------------------
Blongas  Magnetic     X        X         X        X   X   X  Not yet
III      anomaly                                             drill tested
(BIII)   covered by
         alluvium
         diorite
         and quartz
         stockworks
         are mapped
         peripherally.
---------------------------------------------------------------------------
Belikat  Zones of          X        X    X    X   X   X   X  - 4 shallow
-Mahoni  quartz                                              drill holes,
         stockworks                                          max. depth of
         in altered                                          150.8m.
         diorite                                             - Intercepts
         centered                                            from 19.7 to
         on a complex                                        72.6m, with
         structural                                          ranges from
         zone at the                                         0.05-0.1 Cu &
         margin of a                                         0.18-0.42 Au.
         regional                                            - Best
         circular                                            interval:
         feature.                                            67.6m @ 0.1 Cu
                                                             & 0.21 Au, the
                                                             last 2 samples
                                                             of this hole
                                                             gave 7.6m @
                                                             0.13 Cu & 0.38
                                                             Au.
---------------------------------------------------------------------------
Kekalik  3 areas of        X        X    X    X   X   X   X  - 3 historic
         quartz                                              drill holes,
         stockworks                                          maximum depth
         in altered                                          of 150.2m.
         diorite                                             - Intercepts
         centered                                            from 17.3 to
         on a local                                          72.1m with
         circular                                            ranges from
         feature                                             0.03-0.13 Cu &
         with N & NE                                         0.13-0.27 Au.
         structural                                          - Best
         intersects.                                         interval:
                                                             72.1m @ 0.13
                                                             Cu & 0.25 Au.
---------------------------------------------------------------------------
KK2      Magnetite         X   X         X        X   X   X  Not yet
         altered                                             drill tested
         diorite +
         quartz
         stockworks
         centered on
         NE & NW
         structure.
---------------------------------------------------------------------------
KK3      Magnetite    X             X    X        X   X   X  Not yet
         altered                                             drill tested
         diorite +
         quartz
         stockworks
         centered on
         NE & NW
         structure.
---------------------------------------------------------------------------
Kedaro   Magnetite         X        X    X    X   X   X   X  Not yet
         altered                                             drill tested
         diorite +
         quartz
         stockworks
         centered on
         N & NW
         structure
         intersection.
---------------------------------------------------------------------------
KD2      Magnetite         X        X    X        X   X   X  Not yet
         altered                                             drill tested
         diorite +
         quartz
         stockworks
         centered on
         NE & NW
         structure.
---------------------------------------------------------------------------
KD3      Quartz       X        X         X        X   X   X  Not yet
         stockworks                                          drill tested
         hosted in
         porphyry
         intrusives
         centered on
         N & NW
         structure
         intersection.
---------------------------------------------------------------------------
KD4      Quartz       X             X    X        X   X   X  Not yet
         stockworks                                          drill tested
         hosted in
         porphyry
         intrusives
         centered on
         N & NE
         structure
         intersection.
---------------------------------------------------------------------------
KD5      Zones of     X             X    X        X   X      Not yet
         quartz                                              drill tested
         stockworks
         hosted in
         porphyry
         intrusives
         centered on
         N & NE
         structure
         intersection.
---------------------------------------------------------------------------
KD6      N & NE       X        X         X        X   X      Not yet
         structure                                           drill tested
         intersection
         on margin of
         local
         circular
         feature,
         target
         to be mapped.
---------------------------------------------------------------------------
Lapangan Magnetite         X                  X   X   X      Not yet
Geres    altered                                             drill tested
         diorite +
         quartz
         stockworks,
         mineralisation
         also hosted in
         breccia
         (diatreme).
         N & NE
         structure
         intersection
         on margin of
         regional
         circular
         feature.
---------------------------------------------------------------------------
 
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 the following link: http://www.ccnmatthews.com/docs/sa0814.pdf


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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Southern Arc Minerals Inc.

CODE : SA.V
ISIN : CA8422001070
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Southern Arc est une société d’exploration minière d'or basée au Canada.

Southern Arc détient divers projets d'exploration en Indonesie.

Ses principaux projets en exploration sont SELODONG, WEST LOMBOK et EAST LOMBIK en Indonesie.

Southern Arc est cotée au Canada. Sa capitalisation boursière aujourd'hui est 13,6 millions CA$ (10,2 millions US$, 8,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 2,48 CA$, et son plus bas niveau récent le 22 novembre 2013 à 0,03 CA$.

Southern Arc possède 15 230 000 actions en circulation.

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Rapports annuels de Southern Arc Minerals Inc.
2007 Annual report
Financements de Southern Arc Minerals Inc.
24/02/2011Closes $28 Million Bought Deal Private Placement
20/11/2009Amends Exercise Price of 4,716,418 Share Purchase Warrants
09/01/2008Completes Additional $207,000 Non-Brokered Equity Financing
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11/02/2011Grants Stock Options
19/07/2010Grant of Stock Options
16/09/2009Cancellation and Grant of Stock Options
03/10/2007Announces the Granting of Stock Options
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25/03/2008Appoints Chief Geologist
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27/11/2013First Quarter Financial Results and Projects Update
29/10/2013Year-end Financial Results and Projects Update
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21/09/2011Announces Drill Results From Me =?ISO-8859-1?Q?ncanggah=20an...
24/08/2011(West Lombok)Announces Additional High-Grade Intersections From Pelangan ...
18/08/2011(West Lombok)Secures West Lombok Property for Resumption of Drilling in S...
09/08/2011(West Lombok)Local Demonstrations Delay Drilling at Southern Arc's West L...
04/08/2011Drilling Program Underway at th =?ISO-8859-1?Q?e=20Mencangga...
02/08/2011(West Lombok)Announces Latest Drilling Results =?ISO-8859-1?Q?=20From=20t...
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08/04/2011(West Lombok)Inc=2E: Pelangan Phase 2 Drilling Update and Mobilization of...
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12/07/2010(Taliwang)Issuing of IUP License
27/11/2009(Selodong)Acquisition of Selodong Base Camp Land
10/09/2008(West Lombok)Releases Drill Results From Hole SLD029 at Its Montong Botek...
06/08/2008(Selodong)Releases Drill Results from Drill Holes SDL024 to SLD028 at ...
10/07/2008(Selodong)Continues to Increase the Size of Montong Botek Cu-Au Porphy...
13/05/2008(Selodong)Drill Results from Montong Botek
29/04/2008(Taliwang)Commencement of Contract of Work Negotiations on Southern Ar...
04/04/2008(West Lombok)Drilling of the Montong Botek NW Extension Intersects Longes...
24/01/2008(Selodong) Releases Drill Results From Blongas I and Kekalik Porphyry ...
04/10/2007Sixth Drill Hole at the Selodong Intrusive Complex Intersect...
05/09/2007Intersects 486.15 Metres of 0.22% Cu and 0.26 g/t Au From 2....
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12/05/2016Southern Arc Sells East Elang Property, Retains 3% NSR
26/01/2016Southern Arc Closes Financing for $1 Million
28/10/2015Southern Arc Year-end Financials
30/09/2015Southern Arc Announces Share Consolidation
29/09/2015Southern Arc Proposes Share Consolidation
23/09/2015Southern Arc Announces Change of Auditors
22/09/2015Southern Arc Announces Change of Auditors
17/09/2015Southern Arc Proposes Share Consolidation
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13/04/2015Southern Arc Announces Changes to Board of Directors
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08/12/2014Southern Arc Enters into Joint Venture to Advance the West L...
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29/10/2014Southern Arc Year-end Financial Results and Projects Update
24/07/2014Southern Arc Amends and Closes Sale of Taliwang Project
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01/04/2014Southern Arc Announces Re-pricing of Stock Options
31/10/2013Annual General Meeting and Shareholder Update
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30/05/2013Third Quarter Financial Results and Projects Update
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29/02/2012Second Quarter Financial Results and Projects Update
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23/09/2011Announces Results of Special Meeting of Shareholders
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13/06/2011Exercises Option to Acquire 1 =?ISO-8859-1?Q?=2E3=20Million=...
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17/05/2011on Temporary Demonstrations at Southern Arc Minerals' Operat...
12/05/2011High Gold Grades Intersected and Depth Potential Confirmed b...
07/03/2011Promotion of Hamish Campbell as Executive Vice President of ...
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05/01/2010Minister of Public Works Signs the Revision of the Provi
24/12/2009& Indotan Inc. Close Acquisition
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11/12/2009Provides a Further Update on the Revision of the Provincial ...
30/11/2009Provides Update on Canada Nickel
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