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Asiamet Resources Ltd.

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Summary

Project:

Beutong

Deposit:BEP
Location:Indonesia
Commodities:Copper-Gold-Silver-Molybdenum
Date:8/7/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:7-8-2018: Asiamet Resources Ltd. announces an Exploration/Drilling Update report for its BEP deposit at the Beutong project. JV - Drilling results incl. 445.0m @ 0.54% Cu, 0.17g/t Au, 1.33g/t Ag, 113ppm Mo from 7.0m. Asiamet Resources is pleased to report
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Stephen Hughes (Internal)
ABSTRACT:Asiamet Resources is pleased to report further excellent results from the current infill and extension drilling program being undertaken at the Company's 80% owned Beutong Project. Strong mineralisation has been confirmed extending beyond the 2014 Resource envelope in all holes completed thus far. At Beutong East Porphyry ("BEP"), drill hole BEU500-01 (510.0m End of Hole "EOH") has confirmed a broad interval of high grade, near surface copper-gold-molybdenum outside the current Resource envelope. Infill drilling confirmed moderate-grade porphyry copper-gold-molybdenum mineralisation along the eastern end of the Beutong West Porphyry ("BWP") with drill hole BEU1350-01 (750.6m "EOH") highlighting the potential for mineralisation to extend easterly into the gap between the BEP and BWP. Copper mineralisation in both BEU500-01 and BEU1350-01 comprises covellite, chalcocite and digenite with minor chalcopyrite, demonstrating that the mineralised zones extend both laterally and at depth. Both holes were terminated due to rig capacity. Significant assay results include

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