Release: ANTAM monthly exploration report for April 2016

Friday, May 13 2016 - 12:31 AM WIB

(May 13, 2016)-- PT ANTAM (Persero) Tbk is pleased to announce its exploration report for April 2016 in accordance with the Indonesia Stock Exchange listing rules.

ANTAM?s exploration activities were focused on gold and nickel in April 2016, with total preliminary cost of Rp1.23 billion.

GOLD
In April 2016 ANTAM conducted gold exploration activities in Pongkor, West Java. In Pongkor, ANTAM conducted core drilling, core drill sampling and core drill analysis. These activities were conducted at the Ciurug and Gudang Handak prospects.

NICKEL
Nickel exploration activities were conducted in Pomalaa, Southeast Sulawesi. Exploration activities consisted of, among others, geological mapping, surface sampling, core sampling, core logging, petrography sampling, single drilling and grid measurement. (end of release)

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