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Asiamet Resources Ltd.
Summary
| Project: | Beruang Kanan | |
|---|---|---|
| Deposit: | BKZ | |
| Location: | Indonesia | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 3/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-3-2018: Asiamet Resources Ltd. announces an Exploration/Drilling Update report for its BKZ deposit at the Beruang Kanan project. Drilling results incl. 17.0m @ 11.4% Zn, 6.0% Pb, 383.15g/t Ag, 0.16g/t Au, 0.11% Cu from 34m. Asiamet Resources Limited (" | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stephen Hughes (Internal) | |
| ABSTRACT: | Asiamet Resources Limited ("ARS" or the “Company”) is pleased to report that ongoing Resource delineation drilling at the BKZ prospect (“BKZ”) continues to intersect high-grade polymetallic and copper – silver mineralisation as predicted. The BKZ prospect is located in Central Kalimantan (Indonesia) on the Kalimantan Surya Kencana (“KSK”) 6th Generation Contract of Work (“CoW”), less than 800 metres from the BKM copper project which is at BFS stage. The Maiden Resource drilling programme at BKZ continues to provide confidence in the strike, dip and internal continuity of the high-grade polymetallic and underlying copper-silver mineralisation. A total 3,416 metres in thirty-six holes were completed for the first of a two-phase drilling campaign at BKZ, where mineralisation continues to define the dimensions of the two mineralised domains at BKZ, the footprint of which still remains open in several directions. The analysis from the final five drill holes is expected in March 2018, and the Company is on track to report a Maiden Resource estimate for the BKZ deposit in May 2018, which is being carried out by Independent consulting geologist Duncan Hackman of Hackman & Associates Pty Ltd. | |
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