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Asiamet confirms resource base at Beruang Kanan Main

Published: 03:02 15 Aug 2017 EDT

Copper---rolled
Beruang Kanan Main contains significant quantities of copper

Asiamet Resources Limited (LON:ARS) has filed a technical report confirming the previously announced resource at the Beruang Kanan Main zone as  49.2 mln tonnes at 0.70% copper.

This equates to containing 711.3 mln pounds or 322,600 tonnes of copper at a 0.2% copper cut-off grade.

In addition, there is an inferred Resources of 17.7 mln tonnes at 0.6% copper containing 241.0 mln pounds or 109,300 tonnes of copper at a 0.2% copper cut-off grade.

READ: Asiamet Resources shares up as JPMorgan Asset management to become cornerstone investor after £6mln placing

It said 73% of the copper contained in resources is within the April 2016 BKM Preliminary Economic Assessment ("PEA") conceptual open pit mine design.

 

 

 

 

 

 

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