Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Asiamet reports excellent continuity of copper at BKM

Tuesday, November 15, 2016 1:09
% of readers think this story is Fact. Add your two cents.

Asiamet Resources Ltd (LON:ARS) has reported excellent continuity of copper mineralisation from the latest round of drilling work at its Beruang Kanan Main project (BKM).

Among the better intercepts were 29.5 meters at 0.85% copper, including 11.0 meters at 1.25%, 17 meters at 1.57% copper, including 7meters at 2.54% Cu, and  19.0 meters at 1.16% copper, including 9 meters at 2.17%.

Much of this mineralisation lies close to surface.

The work forms part of an ongoing feasibility study designed to establish the economic parameters at BKM.

“Based on the work completed thus far, a high rate of conversion from inferred to measured and indicated resources is anticipated when the drilling and a new resource estimate is completed,” said chief executive Tony Manini.

“This is an extremely pleasing and important outcome as the drill out and upgrade of Inferred to Measured and Indicated Resources is a major de-risking and value enhancing step for all projects. Asiamet’s focused strategy for the development of the Company and its projects is very much on track. Results from the BKM feasibility study have met or exceeded expectations to date.”




Story by ProactiveInvestors


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.