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Project: | Beruang Kanan | |
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Deposit: | BKZ | |
Location: | Indonesia | |
Commodities: | Gold-Silver-Lead-Zinc | |
Date: | 10/3/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 3-10-2017: Asiamet Resources Ltd. announces an Exploration/Drilling Update report for its BKZ deposit at the Beruang Kanan project. Drilling results incl. 39m @ 7.3% Zn, 2.3% Pb, 33g/t Ag, 0.33g/t Au from 41m. Asiamet Resources Limited ("ARS" or the “Comp | |
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 follow up scout drilling at the BKZ prospect has intersected further near surface high grade base and precious metal rich mineralisation along strike of earlier hits (refer ARS Press Release February 23, 2017). While further drilling is still required to determine the ultimate dimensions and continuity of the mineralised body, these latest results are highly significant and provide confidence for a potential stand-alone high grade polymetallic deposit. BKZ is located approximately 800m north of the Company’s feasibility stage BKM Copper Project in Central Kalimantan, Indonesia. Being the most easily accessible, BKZ is the first of multiple targets outside BKM currently being tested in the wider BK district. To date, six holes (592.7metres) that have been drilled to test a zone of massive sulphide outcrops over an area of 150m x 100m have intersected polymetallic mineralisation, however assay results are only yet available for two holes. Further results will be reported as assays are received. The current BKZ scout drilling program is focused on expanding the Zinc-Lead-Silver-Gold mineralisation intersected in historical drill holes. “Asiamet is extremely pleased with the initial follow up drill results from our BKZ prospect, the first of multiple targets to be drilled in the BK district over the coming months. The base and precious metals grades received to date are exceptional and of a similar tenor to those reported at some of the highest quality base metals mines globally. | |
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