... exploration at additional targets on the KSK CoW
Securing a strong finance package for development of the BKM project
Increasing Asiamet’s equity position in the Beutong Cu-Au project from 40% to 80% ...
... to expand and assess the major Beutong Porphyry Copper-Gold Project in Sumatra.”
The company aims to complete the feasibility study for BKM in early 2018 with a development decision expected thereafter. ...
... feasibility study (DFS) for BKM, drilling of high priority targets near BKM, and expansionary drilling at the Beutong porphyry project.
The placing shares, which will be issued and settled in CREST, ...
... and resources and Asiamet is pleased to be in a position to re-direct these resources towards advancing its core KSK and Beutong projects.
Asiamet also advises that significant progress has been made ...
... to date and corporate activities relating to the Beutong and Jelai licence conversions, and project funding and development, have been considerably progressed.” ...
... of licences for the Beutong and Jelai projects are in the final stages of processing and corporate joint venture - partnership initiatives to ensure we are well placed to complete the feasibility studies ...
Asiamet Resources says the process to convert the Beutong project in Sumatra from exploration to production status is in its latter stages. Approval of the IUP production would secure long-term mining ...
... below surface. Within that section, there were two metres at a grade of 9.26% copper. Follow-up drilling is being carried out in the immediate vicinity.
The other priority is the Beutong porphyry deposit ...
Kalimantan Gold plans to launch a US$1 million private placement of stock. Funds from the placement should allow the group to meet the main financial condition of its acquisition of a stake in the Beutong ...
... in the Beutong copper-gold project in Sumatra.
The consideration for this acquisition will be the issue of more than 171.4 million Kalimantan Gold common shares, valued at around 3.2 million pounds, ...