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More high grades for Asiamet as feasibility work continues

Asiamet remains on track to complete feasibility work at BKM by the middle of this year
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The high grade copper just keeps on coming at BKM

The latest assay results from the BKM copper project in Indonesia have provided further encouragement for Asiamet Resources Limited (LON:ARS).

The results comprise part of the 2017/2018 geotechnical programme conducted on BKM and have delivered the highest grade of copper mineralisation from surface drilled at BKM to date.

WATCH: Copper grades at Asiamet's BKM deposit 'off the charts'

Highlights include a broad interval of near surface and very high grade copper mineralisation intersected at central area of the BK44 Zone, including 17.0 metres at 3.6% copper.

Another broad interval near surface hit 69.2metres at 1.4% copper, including 3 metres at 2.6% Copper and 4.2 metres at 12.3% copper.

The assays also confirm up to 25.3% copper over one metre sample intervals at northern area of the BK44 zone and up to 18.2% over one metre sample intervals at the central area of BK44 Zone

Assay results have now been received from the entire 2017/18 geotechnical drill programme, consisting of six drill holes totalling 681 metres. The geotechnical drilling campaign was undertaken as part of the ongoing feasibility studies. The company remains on track to complete the feasibility study for BKM by mid-year.

"The tenor of the grade was a higher than anticipated and suggests that a number of higher grade "pods" may be encountered in the earlier stages of mining," said chief executive Peter Bird.

                          

 

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