Pan Asia has begun further drilling to follow up recent positive drill results from the northern end of its flagship TCM project in Indonesia. The project covers 3440 hectares in the Mantewe district, Tanah Bumbu Regency, in South Kalimantan province. 
Prosperity Resources’ Indonesian subsidiary PT Prosperity Surya Persada has earned an 80% share of two significant gold-copper licences in Aceh province. It has spent more than US$1.25 million on the highly prospective Pelumat gold-copper porphyry target since October 2009, earning an 80% interest in the PT Bintang Agung licence.
An exploratory drill program at Pan Asia’s flagship Transcoal Minergy Coal (TCM) concession in South Kalimantan has confirmed a potential second underground deposit in the northern section of the project.
Emerging gold producer Sumatra Copper & Gold has announced a JORC-compliant 513,000 ounce gold equivalent resource at its Tembang Gold-Silver Project in southern Sumatra.