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Asiamet Resources Ltd.
Summary
| Project: | Beutong | |
|---|---|---|
| Deposit: | Beutong | |
| Location: | Indonesia | |
| Commodities: | Copper-Gold-Silver-Molybdenum | |
| Date: | 3/25/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-3-2019: Asiamet Resources Ltd. announces a Resource Estimation report for its Beutong deposit at the Beutong project. Updated mineral resource estimate at the project. Peter Bird, Asiamet's Chief Executive Officer commented: "Junior companies with larg | |
| Resources: | (Resource, Total): 509Mt @ 0.48% Cu, 0.13ppm Au, 1.28ppm Ag, 120ppm Mo | |
| CP/QP: | [Resources]: Duncan Hackman (Hackman & Associates Pty Ltd.) | |
| ABSTRACT: | Peter Bird, Asiamet's Chief Executive Officer commented: "Junior companies with large, well located development stage copper inventories such as Asiamet are rare and extremely well positioned to benefit from widely forecast stronger copper prices. Beutong is a large high-quality copper-gold deposit well served with existing nearby infrastructure on a granted production licence. The 2018 drilling program has improved our geological understanding of the deposit and this updated Mineral Resource Estimate in accordance with JORC 2012 provides strong support for the integrity, size, scale and upside potential of the project. Future drilling campaigns will be directed to expanding the Resource, testing the potential for a high grade core at depth, and exploring early stage development options for the project" | |
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