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Asiamet Review Highlights Exploration Upside Ar...
Asiamet Review Highlights Exploration Upside Ar....
About this update from Asiamet Resources Limited
[{"type":"text","content":"\n Asiamet Review Highlights Exploration Upside Around BKMAsiamet Resources Limited (\"ARS\" or the \"Company\") is pleased to announce the results of a comprehensive review of all historical exploration data collected within a 3 kilometer radius of the BKM deposit in Central Kalimantan, Indonesia where the Company is currently advancing feasibility studies for the development of a 25,000 tpa SX-EW copper mine. The review assessed the base and precious metal potential at each of the Beruang Kanan West (BKW), Beruang Kanan South (BKS) and BKZ Polymetallic Prospects (BKZ). Significant copper, zinc and associated base and precious metal mineralization warranting near term drill testing is present on each of the key prospect areas. These prospects are shown on the project location map in Figure 1 and historic results for each prospect area are summarized below.BKS Copper ProspectA well-defined high tenor copper in soil anomaly measuring 800m x 600m is located less than 1km south of BKM and is coincident with copper mineralized sheeted veins and a strong near surface IP geophysical anomaly of similar intensity to the near surface signature at BKM. Historic rock chip sampling reported highly anomalous gold, silver and copper values, including a rock chip outcrop sample assaying 12.3% Cu, 18.2g/t Au and 41g/t Ag Scout hole KBK-028 (151.3m EOH) drilled in 2007 reported:26.5m @ 0.43% Cu from 2.5m, (including10.5m @ 0.88% Cu from 14.5m) This hole also intersected near surface high grade gold mineralization as follows:3m @ 11.5g/t Au from 11.5m, (including 1.5m @ 21.8g/t Au from 11.5m)Three scout holes were drilled in 2015 totaling 194.8 meters. The first drill hole BKM30350-01 intersected a barren dyke and was not assayed. Drill holes BKM30500-01 and BKM30625-01 locally intersected moderate to strong copper mineralization, including: BKM30500-0110.0m @ 2.52% Cu from 19.5m depthIncludes 2m @ 7.45% Cu from 19.5m depth3.0m @ 1.45% Cu from 43.5m depth 3.5m @ 1.04% Cu from 58.5m depthBKM30625-011.0m @ 3.83% Cu from 7.5m depth2.0m @ 0.67% Cu from 12.5m depth BKW Copper Prospect Multiple copper mineralized sheeted vein zones with wide spread alteration similar to BKM are observed within a 2.5 sqkm area, including exposures along the BKM access road. Three well defined copper in soil ...