INDONESIA - ANTAM and Direct Nickel agreement

PT ANTAM Tbk and Direct Nickel Limited have signed an agreement to cooperate in the development of nickel laterite deposits and processing plants using the Direct Nickel process (DNi Process) in Indonesia. The agreement is a continuation of the Heads of Agreement between the two companies which was signed on May 31, 2012.  1

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INDONESIA - Barisan progresses Abong permitting

Barisan Gold Corporation has made significant progress on the permitting situation at Abong Gold Project after being granted an approval for suspension of its Izin Usaha Pertambangan (IUP).1

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INDONESIA - Beruang Kanan drilling success

Definition drilling continues to intersect significant copper mineralization at the Beruang Kanan prospect of Kalimantan Gold's KSK Copper Project. Highlights from drilling are 60.5 metres @ 0.65% copper, including 22.5 metres @ 1.27% copper in one hole, and 64.9 metres @ 1.24% copper, including 33 metres @ 2.29% copper and 9 metres @ 7.35% in another hole.1

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INDONESIA - Intrepid continues legal battle

Intrepid Mines principal activities for the June quarter were the technical advancement of studies related to the Tujuh Bukit Project, the pursuit of legal remedies to protect and enforce the company’s rights in the project, and the identification and review of additional precious metal projects and exploration assets.  1

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