Pelsart tries to lure partners for C. Kalimantan gold project

Monday, October 29 2001 - 04:18 AM WIB

Australian listed mining firm Pelsart Resources said in a statement released Monday that it continued discussions with several potential investors and joint venture partners to develop its gold prospect in Central Kalimantan, which had been put under care and maintenance status.

The statement did not reveal the name of the parties with which Pelsart had talked to.

Pelsart had 45 percent stake in PT Kasongan Bumi Kencana, the company that runs the gold prospect. (alex)

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