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Asiamet flags potential link between deposits in Kalimantan

Published: 08:10 06 Feb 2018 GMT

mining
Assays from six holes are outstanding in the 35-hole programme

Asiamet Resources(LON:ARS, CVE:ARS) has again highlighted the possibility of its two main deposits in Kalimantan, Indonesia, being linked.

The latest two assay results confirmed the continuity of high-grade copper-silver mineralisation within the interpreted "Feeder Structure" at BKZ, with up to 6.3% copper over 1-metre sample intervals, said the company.

READ: Asiamet Resources expects to deliver maiden resource estimate for Indonesia prospect in May

Peter Bird, chief executive, added the footprint of the two domains (BKZ and BKM) remains open in most directions. 

“The continuity of recently identified structurally controlled high-grade copper-silver mineralisation potentially linking the BKZ and BKM deposits is particularly promising,” he said.

READ: Asiamet continues to unearth high grade mineralisation

The associated geophysical targets identified at depth below the near-surface deposits were also encouraging, he added.

Independent consulting geologists Hackman & Associates are scheduled to produce a maiden resource for BKZ in May. 

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on 11/10/23