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Asiamet Resources Ltd.
Summary
| Project: | Beruang Kanan | |
|---|---|---|
| Deposit: | BKZ | |
| Location: | Indonesia | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 10/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-10-2017: Asiamet Resources Ltd. announces an Exploration/Drilling Update report for its BKZ deposit at the Beruang Kanan project. Drilling results incl. 30.0m 8.88% Zn, 2.23% Pb, 46g/t Ag, 0.37g/t Au, 0.35% Cu from 43m. Asiamet Resources Limited ("ARS" | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stephen Hughes (Internal) | |
| ABSTRACT: | Asiamet Resources Limited ("ARS" or the "Company") is pleased to announce that scout drilling at the BKZ prospect continues to intersect broad zones of near surface high grade base and precious metal rich mineralisation. Results received for step-out drilling along strike of earlier intersections (refer ARS Press Releases October 3, 2017) have exceeded all expectations and provide added confidence that the Company has potentially discovered a stand-alone high grade polymetallic Zn-Pb-Ag-Au deposit on its Kalimantan Surya Kencana ("KSK") 6th Generation Contract of Work ("CoW"), in Central Kalimantan, Indonesia. BKZ is located approximately 800m north and proximal to the main access road leading to the Company's feasibility stage BKM Copper Project. The discovery of thick, very shallow, high grade polymetallic mineralisation close to planned and propose infrastructure has the potential to transform the value of the KSK property and is considered to be a very significant development for the project and Company. To date, seven holes (705m metres in total) have been drilled to test a zone of massive sulphide outcrops over an area of 150m x 100m. | |
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