About Us

Sihayo Gold Limited (ASX:SIH) owns a 75% interest in PT Sorikmas Mining which in turn holds the Sihayo-Pungkut 7th Generation Contract of Work (“CoW”).  PT Aneka Tambang Tbk is the Company’s joint venture partner in the CoW with a 25% interest.  The CoW is located in North Sumatra in the Republic of Indonesia and is approximately 80km south-east from the Martabe Gold Mine.

The Sihayo Gold Project is the most advanced project within the CoW and a Definitive Feasibility Study for the project was completed in June 2020.  The project has combined Mineral Resources of 24 Mt at 2.0 g/t for 1.5 Moz of contained gold and an Ore Reserve of 12.5 Mt at 2.1 g/t for 840 koz of contained gold. The CoW area is deemed to be highly prospective for gold and base metals mineralisation with multiple prospects identified targeting carbonate-hosted gold, epithermal-vein gold, gold-copper skarn, copper-gold porphyry and lead-zinc skarn style mineralisation across the CoW area.  The Company has an active exploration program including extension drilling at the Sihayo Gold Project, drilling at the Hutabargot Julu Prospect located 6km south of the Sihayo Gold Project as well as broader target generation across the CoW.