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Asiamet Initiates Additional BKM Feasibility Works
Asiamet Initiates Additional BKM Feasibility Works.
About this update from Asiamet Resources Limited
[{"type":"text","content":"\n \nRNS Number : 2625H Asiamet Resources Limited 14 November 2018 \n\n14 November 2018 \n \nAsiamet initiates additional BKM Feasibility works - BK District Exploration ramping up \n \nAsiamet is pleased to advise that additional drilling and geotechnical work as part of finalising Feasibility Studies at its 100% owned Beruang Kanan Main Copper Project (\"BKM\" or the \"Project\") in Central Kalimantan, Indonesia is now underway. The Company is also pleased to report that it has re-commenced exploration activities on its exciting portfolio of prospects and targets in the near vicinity of BKM.\n \nThe current NI 43-101 compliant global Resource at BKM contains 432,000 tonnes copper, approximately 75% in the Measured and Indicated category. A heap leach SX-EW project with targeted production levels of up to 25,000 tonnes of LME grade copper cathode per annum over a period of up to 8 years is the subject of the current Bankable Feasibility Study (\"BFS\"). \nExtensive and detailed studies to Bankable Feasibility standard have been completed for the BKM Copper Project over the past 15 months including:\n \n· Resource evaluation drilling and estimation to meet NI43-101 standards. \n· Detailed metallurgical test work and modelling which has proven the potential of the BKM ore types to support a commercial scale conventional SX-EW heap leach operation\n· Hydrogeology investigations\n· Mine facilities design, process plant engineering and associated infrastructure (including access, logistics and supply chain) \n· Non-process infrastructure and support services \n· Environmental, social impact and community baseline studies to meet IFC standards\n \nThe envisaged production profile seeks to exploit part of the delineated global Resource in an open pit mine design which is informed by a wide range of variables including operating cost inputs, metallurgical recoveries of various mineral types, geotechnical and physical characteristics of the host rocks, water management, resource confidence categories etc.\nSimultaneous with this final piece of work on the BKM BFS, a targeted exploration programme is underway to work up and test a number of high impact targets...