Asiamet Resources (formerly Kalimantan Gold) is a dual listed exploration and development company with a portfolio of large copper-gold deposits on the Indonesian islands of Kalimantan and Sumatra, adjacent to the key growth markets in Asia. Both deposits contain NI-43-101 compliant Mineral Resources and remain open in several directions.
At the Company's Beruang Kanan Main ("BKM') deposit in Kalimantan a near term copper mine development opportunity is being advanced through Resource evaluation and mining development studies. A preliminary economic assessment ("PEA") evaluating the potential for developing a medium scale SX-EW copper operation at BKM was recently completed. The Beutong porphyry copper-gold-molybdenum deposit is very well located with respect to nearby infrastructure and provides Asiamet with a large copper-gold growth option in the medium term. Reconnaissance exploration has also highlighted potential for the discovery of additional copper, gold and polymetallic base metal deposits on the Company's KSK CoW, Beutong and Jelai properties.
Resources at Beruang Kanan Main (BKM) occur in a shallow dipping near surface deposit and currently comprise:
o Indicated Resources of 15.0 million tonnes at 0.7% Cu containing 231MIbs (105,000 tonnes) of copper at a 0.2% Cu cut-off grade, and
o Inferred Resources of 49.7 million tonnes at 0.6% Cu containing 657MIbs pounds (298,000 tonnes) of copper at a 0.2% Cu cut-off grade.
VOX Market Podcast - 20 July 2016 Tony Manini Talks Asiamet
VOX Market Podcast - 06 June 2016 Sasha Sethi Talks Asiamet
ProactiveInvestor -25 May 2016
VOX Market Podcast - 23 March 2016 Tony Manini CEO of Asiamet