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
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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.