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Asiamet Resources expects BKZ resource soon as all assays come back

A maiden resource estimate for both domains at BKZ is expected to be completed in May

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Asiamet's drills have been busy

Final assays from recent drilling at the BKZ prospect in Central Kalimantan were consistent with the high grades seen previously, said Asiamet Resources Ltd (LON:ARS).

Broad intervals of high-grade zinc, lead and silver were present in the upper layers, while the lower zone contained a wide interval of high-grade copper-silver mineralisation

WATCH: Asiamet to bring in second rig and expand drilling at Beutong

A maiden resource estimate for both domains at BKZ is expected to be completed in May.

Peter Bird, Asiamet's chief executive said: "The rapid advancement of BKZ from a promising target to the cusp of maiden resource status over the past six months has been outstanding.

BKZ is 800m from Asiamet’s BKM copper deposit where work on a feasibility study is underway, with both located on the company’s KsK CoW licence area.

“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,” said Peter Bird, chief executive.

Quick facts: Asiamet Resources

Price: 2.3 GBX

AIM:ARS
Market: AIM
Market Cap: £33.91 m
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