The ongoing success of exploration drilling at the BKZ polymetallic prospect in Central Kalimantan, Indonesia, has prompted Asiamet Resources to expand the program by six holes, or approximately 600 metres. BKZ is within the company’s Kalimantan Surya Kencana (KSK) 6th Generation Contract of Work (CoW).
The initial program comprised 14 holes for 1354 metres of diamond core drilling. The exploration drill rig is set up in the southern part of the BKZ prospect testing the continuity of the upper polymetallic mineralisation and the down-dip potential of the structurally controlled high-grade copper-silver zone.
The drilling continues to intersect shallow, thick, high-grade base and precious metal-rich mineralisation. The latest hole intersected the highest silver grades seen to date including a 3-metre interval assaying 2101 g/t.
Continuity of the BKZ polymetallic mineralisation has been confirmed over a strike length of 225 metres and remains open to the north, south and east.
Two other drill rigs are completing geotechnical drilling for the heap-leach pad and mine infrastructure sites at Asiamet’s flagship BKM project, and upon completion will recommence scout drilling at Beruang Kanan West (BKW) and Beruang Kanan South (BKS).
Asiamet’s chief executive officer Peter Bird said, “Exploration drilling at BKZ continues to intersect exceptional high-grade polymetallic mineralisation, confirming the presence of a deposit, which may potentially standalone, and remains open in multiple directions.
“Given the success of the exploration program completed to date, we are expanding upon the current drilling campaign by a further six holes to further extend the BKZ deposit mineralisation and build upon our understanding of the deposit controls and geometry.
“We are very pleased as to how this project is evolving and as information progressively becomes available it will be integrated into our development planning process.”