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Asiamet Resources chief: BKM drill results "game changing"

Published: 11:26 27 Aug 2015 BST

Tony Manini, chief executive of Asiamet Resources (LON:ARS), says recent drilling results at the firm’s flagship Beruang Kanan copper project in Central Kalimantan, Indonesia, are game changing for the company.

Yesterday the firm told investors it had uncovered a high-grade copper zone at the site and, significantly, it’s very close to the surface which suggests less soil has to be removed to expose the ore.

“Low strip ratios combined with high grades are game changing for any project,” says Manini.

Asiamet talks ITE progress, offtake, permitting and third-party approaches

Asiamet Resources Ltd (AIM:ARS, OTC:KMGLF) CEO Darryn Mclelland talks through a recent comprehensive update on Asiamet's financing process and other activity including ITE due diligence for their debt finance process, progress on offtake pre-payment financing, permitting and project execution...

on 11/10/23