Company to divest Myanmar interests

Eumeralla Resources plans to divest its Myanmar operations, almost four years after it applied for an exploration licence in the country, but will continue with its operations in Mongolia for the immediate future.

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Studies enhance potential of BKM

The resource definition drilling program at Asiamet Resources’ Beruang Kanan Main (BKM) copper deposit in Central Kalimantan, Indonesia is expected to be completed early next month with an updated resource estimate due shortly after.

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Rain hampers Runruno ramp-up

Persistent heavy rain has hampered the plans of Metals Exploration to get its Runruno Gold Project in the Philippines up to full speed. Runruno is about 340km north of Manila in the mineral-rich province of Nueva Viscaya.

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Assays further enhance Woodlark potential

New assay results from drilling at Geopacific Resources’ Woodlark Gold Project in Papua New Guinea have returned a best result of 21 metres at 3.27 g/t gold. The company is undertaking a drilling program with the aim of increasing the reserve from 766,000 ounces to 1.2 million.

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