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Asiamet Resources Ltd.
Summary
| Project: | Beruang Kanan | |
|---|---|---|
| Deposit: | BKZ | |
| Location: | Indonesia | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 3/28/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-3-2018: Asiamet Resources Ltd. announces an Exploration/Drilling Update report for its BKZ deposit at the Beruang Kanan project. Drilling results incl. 42.0m @ 6.9% Zn, 2.8% Pb, 31g/t Ag, 0.32% Cu, 0.50g/t Au from 26m. Asiamet Resources Limited ("Asiam | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stephen Hughes (Internal) | |
| ABSTRACT: | Asiamet Resources Limited ("Asiamet" or the "Company") is pleased to report remaining assay results from the infill drilling recently completed at the BKZ prospect ("BKZ"). Highgrade polymetallic and copper - silver mineralisation was intersected in line with expectations. The BKZ prospect is located in Central Kalimantan (Indonesia) on the Kalimantan Surya Kencana ("KSK") 6 th Generation Contract of Work ("CoW"), less than 800 metres from the BKM copper project on which Asiamet is currently completing a feasibility study. Peter Bird, Asiamet's Chief Executive Officer commented: "The rapid advancement of BKZ from a promising target to the cusp of maiden Resource status over the past six months has been outstanding and clearly demonstrates the inherent potential for significant value growth in our Indonesian project portfolio. Following the completion of our recent capital raising, Asiamet is now in a strong position to continue exploring a number of high potential targets in the highly prospective KSK CoW while simultaneously advancing exploration and development of the large scale Beutong porphyry Cu-Au project. Asiamet is very excited by these recent results and looks forward to delivering further value from the exploration and development of its assets at a time when quality copper and base metals projects are in short supply." | |
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