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Asiamet Resources chief: BKM drill results "game changing"

Tony Manini, chief executive of Asiamet Resources (LON:ARS), says recent drilling results at the firm’s flagship Beruang Kanan copper project in Central Kalimantan, Indonesia, are game changing for the company.

Yesterday the firm told investors it had uncovered a high-grade copper zone at the site and, significantly, it’s very close to the surface which suggests less soil has to be removed to expose the ore.

“Low strip ratios combined with high grades are game changing for any project,” says Manini.

Quick facts: Asiamet Resources

Price: 2.3 GBX

AIM:ARS
Market: AIM
Market Cap: £33.91 m
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Asiamet Resources confident of resource boost at 'big beast' Beutong

Peter Bird, chief executive of Asiamet Resources Limited (LON:ARS), tells Proactive's Andrew Scott they've seen further 'excellent' results from the current infill and extension drilling program being undertaken at the company's 80%-owned Beutong copper project in Indonesia. Bird says...

on 8/8/18

2 min read