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BKM Copper Project Optimised Feasibility Study
BKM Copper Project Optimised Feasibility Study.
About this update from Asiamet Resources Limited
[{"type":"text","content":"\n\n7 May 2025\n \nAsiamet Resources Limited\n(\"Asiamet\" or the \"Company\")\nCompletion of BKM Stage 1 Copper Project Optimised Feasibility Study\n \nDelivering a Realistic, Financeable First Stage Project to Unlock District Scale\nProduction Growth\n \nAsiamet Resources Limited (AIM: ARS) is pleased to announce the completion of the Optimised Feasibility Study (\"OFS\") for BKM Stage 1, the first phase of development at the Company's 100%-owned BKM Copper Project (\"BKM\" or \"the Project\") in Central Kalimantan, Indonesia.\n \nBKM Stage 1 has been engineered as a simplified, lower-capex, staged-build heap-leach operation focused on near-surface, higher-grade ore. It is designed to deliver LME Grade A copper cathode which is fully compliant with Indonesia's downstream processing requirements and aligns with national development priorities.\n \nWith targeted average annual production of approximately 10,000 tonnes of copper cathode, BKM Stage 1 offers an efficient entry into production at a time when copper deficits are expected to deepen significantly going forward.\n \nThe completed OFS delivers optimised engineering designs from our study partners Rexline Engineering, BGRIMM Technology, Mineria & Servicios, Claveria Consulting and Buma Infrastructure. The study also reflects direct feedback from prospective lenders, updated permitting schedule and robust execution planning incorporating the latest royalty and fiscal framework established by the Government of Indonesia.\n \nThe study establishes BKM Stage 1 as a technically robust, financeable project with highly attractive economics and is a strategic first step in laying the foundations for long-term value creation across the broader KSK Contract of Work. With key infrastructure and execution significantly de-risked, the Company sees substantial upside potential from the immediately adjacent BKZ base and precious metals deposit, BKM primary sulphide resource, high-grade copper drill hits at BKS, and multiple additional targets across the KSK licence area.\n \nKey Highlights:\n \n· Annual copper cathode production of approximately 10k tonnes with a ~13 year mine life\n· Life-of-mine revenues of US$1.192 billion and EBITDA of US$612.2 million[1]\n·  ...