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Asiamet Resources Ltd.

opaxe

Summary

Project:

Beruang Kanan

Deposit:BKM
Location:Indonesia
Commodities:Copper
Date:3/20/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:20-3-2019: Asiamet Resources Ltd. announces an Exploration/Drilling Update report for its BKM deposit at the Beruang Kanan project. Drilling results incl. 45.00m @ 1.29% Cu from 2.50m. Asiamet Resources Limited ("ARS" or the "Company") is pleased to repor
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Stephen Hughes (Not stated)
ABSTRACT:Asiamet Resources Limited ("ARS" or the "Company") is pleased to report that additional assay results received from the infill and geotechnical drilling as part of the Bankable Feasibility Study (“BFS”) on the Beruang Kanan Main ("BKM") copper deposit located in Central Kalimantan, Indonesia. These results confirm expectations and further strengthen the robustness of the BKM Resource models. A total of 37 Resource evaluation holes and four geotechnical holes for 5,665 metres of diamond core drilling have been completed with assays from 32 drill holes received to date. The Company anticipates receiving results from the remaining nine holes before the end of March 2019. Once all assay data has been received, Resource models will be updated and used to generate first Ore Reserves for the BKM copper project.

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