Asiamet Resources Limited ( Asiamet or the Company ) is pleased to provide an update with respect to several key workstreams in progress at the BKM copper development project and the Kalimantan Suraya Kencana Contract of Work ( KSK CoW ) located in Central Kalimantan, Indonesia. Highlights · Value Enhancement works related to transitioning the BKM copper mine development from a heap leach to tank leach processing route is making solid progress. Capex and Opex estimates expected in late July will be used as inputs to update the BKM project economics. · Options for direct shipping of high grade, high value polymetallic ore from the BKZ deposit is being investigated with commodity trading companies for potential offtake or smelter feed. Required metallurgy work will be undertaken from the upcoming drilling programme.
1 June 2021 | 14:41pm
StockMarketWire.com - Emerging copper producer - Asiamet Resources ltd - has announced updates at its BKM copper development project and the Kalimantan Suraya Kencana Contract of Work – both located in Kalimantan in Indonesia.
Updates include: options for shipping of high grade, high value polymetallic ore from the BKZ deposit, which is being investigated with commodity trading partners for potential offtake or smelter feed.
Tony Manini, executive chairman of Asiamet Resources, commented:
‘As per our strategy, work has been progressing on a number of important value-adding workstreams simultaneously. Significant progress has been made by Andrew Neale s team on pre-development and value engineering work and we should soon have some updated capital and operating costs to enable us to evaluate the tank leach processing option for the BKM copper mine development.’