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Asiamet Resources continues to hit high grades at BKZ in Kalimantan

Published: 03:49 18 Oct 2017 EDT

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.”

 

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