Sign up USA
Proactive Investors - Run By Investors For Investors

Asiamet Resources continues to hit high grades at BKZ in Kalimantan

"Although it is early in the exploration stage at BKZ, results are first-rate and beyond expectations"
picture of drill
BKZ results have come in better than expected

Asiamet Resources Limited’s (LON:ARS) drilling programme at BKZ in Kalimantan, Indonesia continues to deliver high grades of a number of metals.

The third in what is now an eight hole programme of shallow drilling confirmed at least 100m of continuous high grade mineralisation.

WATCH: Asiamet Resources continuing to hit high grades at BKZ

Results included 30.0m at 8.3% zinc, 3.3% lead, 39g/t silver and 0.51g/t gold (from 14m).

Within that were high grades of 12.5% and 13.2% zinc over decent widths.

WATCH: Asiamet's 'Mr Zinc' a happy man as BKZ increasingly looks like a stand-alone project

Peter Bird, Asiamet's chief executive, said: Although it is early in the exploration stage at BKZ, results are first-rate and beyond expectations.

READ: Asiamet eyes new polymetallic district in Kalimantan after 'exceptional' drill results

"At this point, we continue the step-out drilling to expand the mineralisation in all directions which we hope will continue to intersect potentially near-surface high-value mineralised material at which point we may be encouraged to take a decision to advancing exploration work at BKZ to the delineation of a maiden resource.”


View full ARS profile View Profile

Asiamet Resources Timeline

Big Picture
February 07 2018

Related Articles

AuKing Mining: Access latest PPT from Proactive's CEO Sessions
June 18 2017
Paul Williams talked gold-silver potential of Mexico with investors.
February 07 2018
Asiamet's house broker Optiva has doubled its price target to 19p
picture of gold and dollars
June 27 2017
“We believe the planned development of the Miraflores gold mine will provide the backbone for transforming the company"

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Company receives either monetary or securities compensation for our services. We stand to benefit from any volume this write-up may generate.

You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Copyright ©, 2018. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use