Release: ANTAM monthly exploration report for April 2014

(May 13, 2014) -- PT ANTAM (Persero) Tbk) is pleased to announce its exploration report for April 2014 in accordance with the Indonesia Stock Exchange listing rules.

ANTAM?s exploration activities were focused on gold and nickel in April 2014, with total preliminary cost of Rp837.4 million.

GOLD
ANTAM conducted gold exploration activities at Pongkor and Papandayan, West Java; Batangasai, Jambi; and Air Niru and Telatang, Bengkulu in April 2014.

Exploration activities at Pongkor, West Java were conducted for data verification and validation; vein distribution field survey; as well as ore body modelling..

At Papandayan, West Java, ANTAM performed hand-auger measurement; core and soil sampling; spectral geology test preparation and analysis; as well as magnetic susce ptibility test preparation and measurement.

Exploration activities in Batangasai, Jambi included detailed geolo-gical mapping, ground magnet, and structure and alteration studies.

Meanwhile, at Air Niru, Bengkulul, ANTAM?s exploration activities were intended to localize vein system distribution,both on the surface and underground.

NICKEL
Nickel exploration activities were conducted in Pomalaa, Southeast Sulawesi in April 2014. The exploration activities at Pomalaa, Sulawesi Tenggara consisted of semi-detailed geological mapping, topography measurement, drilling and geophysics measurements, drilling, core logging, core sampling and petmin, geophysics resistivity, SG & MC measurements and preparation. (ends)