Asiamet Resources Limited (LON:ARS, CVE:ARS) has intersected further near surface, high grade base-and precious-metal-rich mineralisation along strike of earlier hits at the BKZ prospect in Indonesia.
Further drilling is required to determine the ultimate dimensions and continuity of the mineralised body. But the results of this scout drilling provide confidence for a potential standalone high grade polymetallic deposit.
WATCH:Asiamet Resources drooling over initial BKZ assays
BKZ is located approximately 800m north of Asiamet's feasibility-stage BKM copper project.
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 have been drilled to test a zone of massive sulphide outcrops over an area of 150m x 100m.
All have intersected polymetallic mineralisation, however, assay results are only yet available for two holes.
Among the highlights of the latest batch are 3.2 metres at 1.15 grams per tonne gold, 67.8 grams silver from 1.8 metres and seven metres at 3.7% zinc, 1.3% lead, 33 grams per tonne silver and 1% copper.
READ: Indonesia-focused Asiamet Resources keen to build on the momentum already generated by 'amazing' team
The company also hit 39 metres at 3.7% zinc in a second hole at a depth of 41 metres.
“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,” said chief executive Peter Bird.
“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.”