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SA Southern Arc Minerals Inc

0.89
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Southern Arc Minerals Inc TSXV:SA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.89 0.32 0.90 0 01:00:00

Southern Arc Engages SRK Consulting to Complete Technical Report for West Lombok Project

14/12/2011 6:00pm

Marketwired Canada


Southern Arc Minerals (TSX VENTURE:SA)(OTCQX:SOACF) ("Southern Arc" or "the
Company") has engaged SRK Consulting (Canada) Inc. ("SRK") to complete a
National Instrument 43-101 ("NI 43-101") compliant technical report for the
Company's West Lombok project. 


SRK has completed a site visit to the West Lombok project to provide an
independent review of the Company's sampling and logging procedures for the
ongoing drilling program. Southern Arc will continue to provide SRK with
information as the exploration program proceeds so that SRK can complete an
independent NI 43-101 compliant technical report for the West Lombok project by
the end of Q2-2012, including resource estimates for both the Mencanggah and
Pelangan prospects.


Through its Perth office, SRK completed a similar technical audit of Southern
Arc's sampling and logging procedure and methodology in June 2008 and found the
Company's practices to be of industry standard and well implemented.


SRK is an international consulting house specializing in all aspects of the
mining industry from grassroots exploration, through preliminary and final
feasibility studies, to mine optimization, closure and remediation. Established
in 1974, SRK's clients include most of the world's major, intermediate and
junior mining and exploration companies. 


About Southern Arc

Southern Arc Minerals Inc. is a Canadian mineral exploration company with an
aggressive exploration, acquisition and growth strategy. The Company's portfolio
includes four exploration projects with epithermal gold and gold-copper porphyry
prospects on the Lombok and Sumbawa islands in Indonesia, three of which are
being advanced in partnership with major mining companies Vale and Newcrest. The
Company's key exploration property is its West Lombok project, with several
gold-rich copper porphyry and epithermal gold vein prospects. Southern Arc is
listed on the TSX Venture Exchange under the symbol SA and on the OTCQX under
the symbol SOACF. More information is available at www.southernarcminerals.com
or by emailing info@southernarcminerals.com. 


On behalf of the Board of Southern Arc Minerals Inc.

John Proust, Chairman & Chief Executive Officer

Forward-looking Statements 

This news release contains forward-looking statements relating to expected or
anticipated future events and operations, timing of projects and anticipated
results that are forward-looking in nature and, as a result, are subject to
certain risks and uncertainties, such as general economic, market and business
conditions, the regulatory process and actions, technical issues, new
legislation, competitive and general economic factors and conditions, the
uncertainties resulting from potential delays or changes in plans, the
occurrence of unexpected events, and the Company's capability to execute and
implement future plans. Actual results achieved may vary from the information
provided herein as a result of numerous known and unknown risks and
uncertainties and other factors. There is no representation by the Company that
actual results achieved during the forecast period will be the same in whole or
in part as that forecast.


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