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Strong Copper Results from BKM Drilling
Strong Copper Results from BKM Drilling.
About this update from Asiamet Resources Limited
[{"type":"text","content":"\n \nRNS Number : 2668W Asiamet Resources Limited 16 April 2019 \n\n16 April 2019\n \nStrong Copper Results from Final BKM Feasibility Study Drilling\nAsiamet Resources Limited (\"ARS\" or the \"Company\") is pleased to report the final assay results from an additional infill drilling programme completed as part of the Bankable Feasibility Study (\"BFS\") for the Beruang Kanan Main (\"BKM\") copper deposit in Central Kalimantan, Indonesia. \nThe infill drilling programme commenced in November 2018 with the aim of optimising the mine design and improving the overall economics and robustness of the BFS for the BKM heap-leach SX-EW copper cathode project. A total of 37 Resource evaluation holes and four geotechnical holes for 5,665 metres of diamond core drilling were completed. All assays for the Resource evaluation drilling have now been received. \n \nHighlights from the most recent drilling include:\n· BKM31690-01 13.0 metres at 1.42% Cu from 12.0 metres depth\nIncludes 2.0 metres at 3.49% Cu from 12.0 metres depth\nIncluding 1.00 metre at 5.25% from 17 metres\n· BKM32250-09 90 metres at 1.08% Cu from 43.5 metres \nIncluding 25.00 metres at 2.37% Cu from 78.50 metres\n· BKM32200-09 10.65 metres at 1.09% Cu from 72.15m depth\nIncluding 6.35 metres at 1.45% Cu from 72.15 metres depth\n· BKM32200-09 19.40 metres at 0.97% Cu from 85.6 metres depth\nIncluding 3.00 metres at 1.36% Cu from 92 metres \nFull assay results are provided in Table 1 and a drill hole location plan is shown in figure 1 below\n \nResource Infill holes BKM32200-09 and BKM32250-09 were drilled in the north central area of the current proposed open pit and continued to intersect zones of moderate to strong chalcocite and covellite copper mineralisation. BKM32250-09 was drilled to a depth of 187.5m and ended in mineralisation.\nResource infill holes BKM31690-01, BKM31690-02, BKM31730-01 and BKM31730-02 drilled in the southern part of the currently proposed open pit intersected zones of moderate to strong covellite, bornite and minor chalcopyrite copper mineralisation as anticipated. \nPeter Bird, Asiamet Chief Executive Officer, commented: \n\"The results of the Resource evaluation drilling programme have upgraded our level of confidence...