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Asiamet Drilling Further Extends BKM Mineralisa...

Asiamet Drilling Further Extends BKM Mineralisa....

articleAsiamet Resources LimitedMay 24, 20174/company/asiamet-resources-limited/news/asiamet-drilling-further-extends-bkm-mineralisa
Asiamet Drilling Further Extends BKM Mineralisa...

About this update from Asiamet Resources Limited

[{"type":"text","content":"\n Asiamet Drilling Further Extends BKM MineralisationRecent drilling confirmed further extensions to the BKM Mineralisation both along strike and at depth. Chalcocite-covellite copper mineralisation was intersected 50m south of the Preliminary Economic Assessment (\"PEA\") open pit design and thick intervals of moderate to high-grade copper mineralisation extending more than 100 metres below the base of the conceptual open pit design, as proposed in the PEA were intersected on section line BKM32300. Resource infill drilling results have confirmed a very robust Resource with excellent continuity.  As a result it is expected that a large proportion of the current BKM Resource will be upgraded to the higher confidence Measured and Indicated Mineral Resource categories when the new Resource statement is completed.  This will then feed into the mining engineering studies and the reporting of initial Ore Reserves for the BKM project. Assay results from the infill and expansion drilling program at BKM are near complete, with only 5 holes outstanding.  Once the remaining assays are received over the next week the Mineral Resource update can be completed shortly thereafter.Results from 32 additional drill holes completed as part of the BKM Feasibility studies Resource infill and extension program are reported below, with better results from the most recent drilling including:  BKM32300-06            90.0 metres at 1.11% Cu (from 2.5 metres) Including 29.0 metres at 1.75% Cu (from 2.5 metres)Includes 19.0 metres at 2.29% Cu (from 2.5 metres)Including 3.0 metres at 2.07% Cu (from 45.5 metres)Including 6.0 metres at 1.44% Cu (from 59.5 metres)31.0       metres at 0.85% Cu (from 149.5 metres)Including 9.0 metres at 1.01% Cu (from 149.5 metres)Including 7.0 metres at 1.14% Cu (from 164.5 metres)Including 2.0 metres at 1.12% Cu (from 178.5 metres)BKM32300-07            33.0 metres at 0.87% Cu (from 15.0 metres) Including 3.0 metres at 1.07% Cu (from 15.0 metres)Including 3.0 metres at 1.18% Cu (from 24.0 metres)Including 4.0 metres at 3.02% Cu (from 33.0 metres)BKM32250-07            144.5 metres at 0.85% Cu (from 1....

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