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Asiamet Drilling Expands High Grade Zinc Rich P...
Asiamet Drilling Expands High Grade Zinc Rich P....
About this update from Asiamet Resources Limited
[{"type":"text","content":"\n \nAsiamet Resources Ltd. (ARS)Asiamet Resources Ltd.: Asiamet Drilling Expands High Grade Zinc Rich Polymetallic Mineralisation at BKZ03-Oct-2017 / 07:00 GMT/BSTDissemination of a Regulatory Announcement, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.\n\n \n\nAsiamet Drilling Expands High Grade Zinc Rich Polymetallic Mineralisation at BKZ\n\n \n\nAsiamet Resources Limited (\"ARS\" or the \"Company\") is pleased to announce that follow up scout drilling at the BKZ prospect has intersected further near surface high grade base and precious metal rich mineralisation along strike of earlier hits (refer ARS Press Release February 23, 2017). While further drilling is still required to determine the ultimate dimensions and continuity of the mineralised body, these latest results are highly significant and provide confidence for a potential stand-alone high grade polymetallic deposit. \n\nBKZ is located approximately 800m north of the Company's feasibility stage BKM Copper Project in Central Kalimantan, Indonesia. Being the most easily accessible, BKZ is the first of multiple targets outside BKM currently being tested in the wider BK district. To date, six holes (592.7metres) that have been drilled to test a zone of massive sulphide outcrops over an area of 150m x 100m have intersected polymetallic mineralisation, however assay results are only yet available for two holes. Further results will be reported as assays are received.\n\nHighlights of the results received to date include:\n\n \n\n\n BKZ33700-01\n \n \n 3.2m at 1.15g/t Gold and 67.8g/t Silver (from 1.8 metres)\n \n \n  \n \n \n 7.0m at 3.7% Zinc, 1.3% Lead, 46g/t Silver, 0.24g/t Gold,1.0% Copper (from 5.0 metres) \n \n \n BKZ33700-02\n \n \n 39m at 7.3% zinc, 2.3% lead, 33g/t silver and 0.33g/t gold (from 41 metres)\n \n \n  \n \n \n Incl. 23m 11.1% zinc, 3.8% lead, 50g/t silver and 0.42g/t gold (from 41 metres) \n \n  \n\nThe current BKZ scout drilling program is focused on expanding the Zinc-Lead-Silver-Gold mineralisation intersected in historical drill holes (BKZ-1, BKZ-2, BKZ-3), where BKZ-1 (123.1m End of Hole 'EOH') reported 9.47% Zn, 4.87% Pb, 0.26% Cu, 96.5g/t Ag and 0.56g/t Au over 8 metres from 6.0 metres (refer ARS Press Releases February 23, 2017). \n\nThe first ho...