Jakarta-G Resources Group Ltd. continues to make efforts to improve the finding of gold reserves in the block Martabe. Most recently, Hong Kong-based company was re-discovered estimated reserves of new mineral deposits or in Ramba Joring, block Martabe, North Sumatra.

Initial estimate of this increase gold reserves of 315,000 ounces, or 11.6% to 3.03 million ounces. While reserves of 810,000 ounces of silver rises, or 2.5% to 33.63 million ounces.

Peter Albert, President of G-Resources, said the company continues to improve discovery of reserves (reserves) and resources (resources) that exist in the three sources of mine Martabe blocks, namely Purnama (Pit 1), Barani, and Ramba Joring. "This reserve supports our belief that Martabe project is one of the world's best gold project for development," said Peter, late last week.

Just to refresh your memory, the block consists of six sites Martabe gold and silver deposits. In addition to the above three locations, three other deposit area is located in Upper Uluala, Tor Uluala, and Horas. The six sites have long 7 kilometers (km) with a total area of ​​1639 square km of contract work (km2). G-Resources working on this block through its subsidiary, PT PT Agincourt Resources.

This year, G-Resources to complete the drilling of the land area of ​​40,000 m2. For construction work, the company mobilized 5 units of drilling rigs.

Peter continued, with reserves and resources have been found, the G-Resources to predict when mining can be more than 10 years. Light This will also open employment opportunities. Currently, the block Martabe employs 1,500 people work. About 70% of the workers were from ten villages in the vicinity of the mine.

Owen Hegarty, Vice Chairman of the G-Resources added that the increase in reserves to make sure that shareholders Martabe is a world-class mineral district. "We hope this block continues to grow," he said