Business
BKZ Delineation Drilling and Plans for Beutong
BKZ Delineation Drilling and Plans for Beutong.
About this update from Asiamet Resources Limited
[{"type":"text","content":"\n \nRNS Number : 3982D Asiamet Resources Limited 31 January 2018 \n\n \n \nFor Immediate Release London AIM\n \nJanuary 31, 2018 Symbol: ARS\n \n \n \n \nAsiamet Update on BKZ Delineation Drilling and Plans for Beutong Project\n \n \nAsiamet Resources Limited (\"ARS\" or the \"Company\") is pleased to report that ongoing exploration drilling at the BKZ Polymetallic (\"BKZ\") prospect located on its Kalimantan Surya Kencana (\"KSK\") 6th Generation Contract of Work (\"CoW\"), in Central Kalimantan, Indonesia continues to intersect near surface base and precious metal rich mineralisation. Highlights to date include:\n· The final eight holes are expected to be completed by mid-February for an estimated 3,500 metres in 35 holes and the maiden Resource estimate is expected to be delivered by May. Results for nine holes, including those noted below are still pending.\n \n· At BKZ upper polymetallic zone, drill hole BKZ33750-05 intersected sphalerite, galena and pyrite in massive sulphide style mineralisation and is followed downhole by strongly silicified and brecciated rock cut by chalcopyrite-bornite veins. \n \n· At BKZ lower copper-silver zone, drill hole BKZ33550-03 intersected a broad zone of pervasive mineralisation comprising pyrite-chalcopyrite-bornite as massive sulphides and in vein style mineralisation. \n \n· All holes that pierced the ...