Asiamet provides company update
Friday, March 25 2016 - 07:29 AM WIB
(Mar 24, 2016)--Asiamet Resources Limited notes the increase in share price and trading volumes over the past 10 trading days.
The Company can confirm that it remains on track to release the findings of a Preliminary Economic Assessment (PEA) on the Beruang Kanan Main (BKM) deposit located within the Company's 100% owned KSK Contract of Work in Kalimantan, Indonesia, on or close to the end of the first quarter 2016 as previously advised.
Asiamet can also advise that it is continuing to progress the conversion of its Exploration licences to Production licences for both the Beutong and Jelai projects with the Government of Indonesia, and in the normal course of business remains in discussions with various parties in respect of the Company's project portfolio.(ends)