Asiamet Resources is pleased with the resource infill and extension drilling program being carried out at the Beruang Kanan Main (BKM) copper deposit in Central Kalimantan, Indonesia. The drilling continues to intersect shallow high grade copper mineralisation.
In its latest announcement, Asiamet says 30 holes of diamond core drilling have now been completed, while three holes are in progress. The company also released results from four of the holes.
Best results are: 5.2 metres from 2.3 metres @ 1.08% copper, including 2.2 metres @ 2.18%, and 23 metres from 41.5 metres @ 1.24% from one hole; 29.0 metres from 2.3 metres @ 1.17%, including 7.0 metres @ 2.92% in another; 7.0 metres @ 0.24% in a third; and 20.1 metres @ 0.68% and 3 metres @ 0.45% in a fourth.
The excellent thickness and continuity of near-surface high-grade 1-3% copper mineralization intersected in feasibility study drilling to date further strengthens the key fundamentals of the BKM project.
CEO Tony Manini said, “Asiamet is very pleased with the progress being made on the feasibility study to date. All the longer lead time studies are under way and all resource definition drilling completed in the higher grade BK058 zone thus far has intersected strong near surface copper mineralization with excellent continuity and thickness.
“These discrete easily accessible higher grade zones with potential for lower strip ratio mining and lower operating costs early in the project life continue to confirm BKM as an outstanding copper development opportunity.
“We look forward to reporting further results from ongoing drilling and test work as the feasibility study momentum continues.”