East Asia Minerals Corporation intends to restart its Indonesian operations with a team secured to bring the Sangihe Gold Project to the production licence stage. CEO Terry Filbert said these efforts include the hiring of Frank Rocca as chief geologist.
He said Frank Rocca’s previously work on the Sangihe and Miwah projects for the company would allow it to immediately conduct the feasibility study and manage the AMDAL environmental report process for Sangihe.
Frank Rocca has over 25 years of experience in international exploration and mine development, including Indonesia, Australia, Africa, USA, and Chile.
East Asia has also appointed two Indonesian resident directors, Juangga Mangasi and Garry Killenstyn, to the Board of Directors of its Indonesian subsidiary, Tambang Mas Sangihe, which holds the company’s 70% interest in the Sangihe project, which is north of Sulawesi.
Terry Filbert said the company had hired the initial employee team that will endeavour to bring the Sangihe project towards a positive production decision, currently projected to be early 2018.
The company has retained the services of the Armila Law Offices, located in Jakarta, to serve as its legal representative in Indonesia and its representative to the Federal Indonesian Mining Department. It has also established its new Indonesian office headquarters at the Noble House Office complex in the Mega Kumingan area of Jakarta.
East Asia has negotiated an agreement with RT Resindo Mining, an Indonesian consulting firm, to conduct the feasibility study and manage the AMDAL environmental report process for Sangihe. Once the feasibility study and AMDAL reports are completed, and accepted by the MEMR, gold production can begin.
In furtherance of its efforts on the Miwah project in North Sumatra, the company held initial meetings with the local partner on the project to discuss the process to bring it into compliance with local and federal authorities.
Terry Filbert said, “The re-start of the Indonesian operation, after having been shut down for over two years, has gone very well. With the securing of the team of former East Asia employees and consultants, and new employees, most of whom I have worked with in the past, we are re-establishing operations quickly in order to bring Sangihe into production.
“In addition, we are working with our Indonesian partner on the Miwah project to do the same for that project. After production at Sangihe commences, the company will begin a drilling program that will hopefully expand the projects’ resources.”