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Nusantara Resources Ltd.
Summary
| Project: | Awak Mas | |
|---|---|---|
| Deposit: | Awak Mas | |
| Location: | Indonesia | |
| Commodities: | Gold | |
| Date: | 10/9/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-10-2019: Nusantara Resources Ltd. announces an Exploration/Drilling Update report for its Awak Mas deposit at the Awak Mas project. Drilling results incl. 63.7m @ 2.12g/t Au from 201.1m. Asia‐Pacific gold development company Nusantara Resources Limited | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Asia‐Pacific gold development company Nusantara Resources Limited (‘Nusantara’, ASX: NUS) is pleased to provide the following update on exploration at its 100%-owned Awak Mas Gold Project (Project) located in South Sulawesi, Indonesia. Systematic drill testing of the Awak Mas Pit north-eastern extension beyond the current USD1,250/oz reserve1 and USD1,400/oz resource2 shells confirms the mineralisation remains open. The most recent hole delivered one of the best gold intersections on the project. “Nusantara is focussed on moving the Awak Mas Project into production, however it also has an eye on the scale game changers of a larger main pit at Awak Mas and opening up the corridor to Salu Bulo.”, commented Nusantara’s Chief Executive Officer, Neil Whitaker. | |
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