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Asiamet Resources Ltd.
Summary
| Project: | Beruang Kanan | |
|---|---|---|
| Deposit: | BKM | |
| Location: | Indonesia | |
| Commodities: | Copper | |
| Date: | 6/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 15-6-2017: Asiamet Resources Ltd. announces an Exploration/Drilling Update report for its BKM deposit at the Beruang Kanan project. Drilling results incl. 58m @ 1.45% Cu from 6.5m. Asiamet Resources Limited ("ARS" or the “Company”) is pleased to advise th | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stephen Hughes (Internal) | |
| ABSTRACT: | Asiamet Resources Limited ("ARS" or the “Company”) is pleased to advise that it has now received the final batch of assays for Resource infill and expansion drilling completed as part of Feasibility Studies on the Beruang Kanan Main (“BKM”) copper deposit in Central Kalimantan, Indonesia. Results continue to impress, with the latest near surface high grade copper assays returned from holes drilled at the BK058 Zone. Peter Bird, Asiamet’s Chief Executive Officer commented: “The Resource infill and expansion drilling completed as part of the BKM Feasibility Study has consistently delivered results that have met or exceeded our expectations. The thickness, continuity and grade of copper mineralisation has proven to be very robust and we are expecting a high level of conversion from Inferred Resource to the higher confidence level Measured and Indicated Resources as the updated Resource estimate for BKM is completed shortly. The BKM mineralisation remains open in several areas and exploration in the wider BK District remains in its infancy. Asiamet is very excited by the opportunity to begin testing some of these high potential targets in the second half of 2017” | |
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