INDONESIA - Bonanza silver grades in Perak Basin

Drilling by Robust Resources at the Perak Basin VMS target of the Romang Island project has revealed bonanza silver grades of up to 1825 grams/tonne. Each of the five diamond holes drilled at the target intersected precious metals and base metals.  1

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INDONESIA - Freeport withdraws from KSK CoW

Kalimantan Gold’s KSK joint venture has ended after Freeport-McMoRan withdrew from the copper project. Kalimantan Gold will regain 100% of the KSK CoW as of January 31. 1

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PAKISTAN - Chinese to establish metal plant

A Chinese mining firm will establish a metal processing unit in Risalpur, northern Pakistan, with an initial investment of US$30 million. Copper sulphite, copper oxide, lead, silver, gold, zinc and antimony metals used in electronics are expected to be exploited in the Upper and Lower Dir, Chitral, Kohistan and Gilgit and Waziristan areas and transported to the factory for purification.  1

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