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Asiamet Resources expects BKZ resource soon as all assays come back

A maiden resource estimate for both domains at BKZ is expected to be completed in May
drill
Asiamet's drills have been busy

Final assays from recent drilling at the BKZ prospect in Central Kalimantan were consistent with the high grades seen previously, said Asiamet Resources Ltd (LON:ARS).

Broad intervals of high-grade zinc, lead and silver were present in the upper layers, while the lower zone contained a wide interval of high-grade copper-silver mineralisation

WATCH: Asiamet to bring in second rig and expand drilling at Beutong

A maiden resource estimate for both domains at BKZ is expected to be completed in May.

Peter Bird, Asiamet's chief executive said: "The rapid advancement of BKZ from a promising target to the cusp of maiden resource status over the past six months has been outstanding.

BKZ is 800m from Asiamet’s BKM copper deposit where work on a feasibility study is underway, with both located on the company’s KsK CoW licence area.

“Following the completion of our recent capital raising, Asiamet is now in a strong position to continue exploring a number of high potential targets in the highly prospective KSK CoW while simultaneously advancing exploration and development of the large-scale Beutong porphyry Cu-Au project,” said Peter Bird, chief executive.

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“Asiamet’s strategy is on the near-term development of BKM and BKZ and then the development of Beutong, which is, in our view, the key asset of most interest, which will place Asiamet as a major copper player”

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