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Asiamet Resources Ltd.
Summary
| Project: | Beruang Kanan | |
|---|---|---|
| Deposit: | BKM | |
| Location: | Indonesia | |
| Commodities: | Copper | |
| Date: | 7/17/2019 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-7-2019: Asiamet Resources Ltd. announces an EIA/ESIA report for its BKM deposit at the Beruang Kanan project. Asiamet receives Environmental permit for the BKM project. Asiamet ("ARS" or the "Company") is pleased to announce the receipt of a key permit | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Asiamet ("ARS" or the "Company") is pleased to announce the receipt of a key permit for its 100% owned BKM copper project ("BKM") located in Central Kalimantan, Indonesia. The Environmental permit, issued by the Provincial Government of Central Kalimantan allows the Company to proceed with the development of the BKM project mine and infrastructure including supporting activities, through to closure of operations. The permitting process in Indonesia is well structured and systematic, similar to other established mining jurisdictions globally and Asiamet's highly experienced in-country team has worked diligently with the various government departments to secure all the major approvals required to date. The next major regulatory milestone required for the commencement of project development is receipt of the Pinjam Pakai or "borrow and use" permit from the Government of Indonesia Forestry Department. Work is now underway to secure a number of the sub-permits required to fulfil the requirements of the Pinjam Pakai. Through the support of its long established and internationally recognised community development fund "Yayasan Tambuhak Sinta", Asiamet maintains excellent relationships and strong local community support for the KSK project, a critical element to successfully advancing through the permitting regime. | |
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