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Thick Copper Intersections Expand High Grade Zo...

Thick Copper Intersections Expand High Grade Zo....

articleAsiamet Resources LimitedJanuary 17, 20173/news/thick-copper-intersections-expand-high-grade-zo
Thick Copper Intersections Expand High Grade Zo...

About this update from Asiamet Resources Limited

Thick Copper Intersections Expand High Grade Zone at BKMAsiamet Resources Limited ("ARS" or the "Company") is pleased to advise that Resource evaluation drilling being undertaken as part of the feasibility study at the Beruang Kanan Main ("BKM") copper deposit in Central Kalimantan, Indonesia continues to report wide intervals of higher grade near surface copper mineralization which further expand the BK044 Zone. A total 67 holes for 6750 meters of diamond core drilling have now been completed and one hole is currently in progress. The results from ten holes drilled in the northern part of the BKM deposit are reported below. A further 51 holes/4250 meters are planned. Better results from the most recent drilling include:BKM32600-03    104.0 meters at 0.83% Cu (from 8.00 meters)Including 4.0 meters at 1.93% Cu (from 8.0 meters) Including 7.0 meters at 1.92% Cu (from 21.0 meters) Including 18.0 meters at 1.31% Cu (from 33.0 meters) Including 5.0 meters at 3.64% Cu (from 106.0 meters)BKM32600-04    15.0 meters at 0.66% Cu (from 9.00 meters)Including 2.0 meters at 2.41% Cu (from 9.0 meters)74.5 meters at 0.64% Cu (from 29.0 meters)Including 17.0 meters at 1.41% Cu (from 69.0 meters) Includes 2.0 meters at 7.23% Cu (from 73.0 meters) BKM32455-01    60.0 meters at 0.51% Cu (from 69.0 meters)BKM32200-06        9.0 meters at 1.35% Cu (from 5.00 meters)Including 3.0 meters at 3.18% Cu (from 9.0 meters)52.25 meters at 1.15% Cu (from 26.0 meters)Including 4.0 meters at 3.04% Cu (from 30.0 meters) Including 6.0 meters at 1.59% Cu (from 49.0 meters) Including 15.25 meters at 1.53% Cu (from 63.0 meters)BKM32165-01    105.5 meters at 0.65% Cu (from 0.5 meters)Including 24.5 meters at 1.27% Cu (from 5.5 meters)Infill holes BKM32600-03 (153.7m end of hole ("EOH")) and BKM32600-04 (159.4m EOH) drilled on the north-eastern end of BK044 Zone intersected strong chalcocite/covellite mineralization just below the zone of oxidation in each drill hole, with individual one meter intervals returning up to 10.1% copper in BKM32600-04 and 4.8% copper in BKM32600-03. These results confirm wider than expected, near surface, moderate to high grade copper mineralization approximately 175 meters in width on the northern end of the BK044 zone.  Geological logs f...

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