Release: ANTAM monthly exploration report for April 2017
Monday, May 15 2017 - 04:43 AM WIB
(May 15, 2017)--PT ANTAM (Persero) Tbk is pleased to announce its exploration report for April 2017 in accordance with the Indonesia Stock Exchange listing rules.
ANTAM?s exploration activities were focused on gold and nickel in April 2017, with total preliminary cost of Rp1.94 billion.
GOLD
In April 2017 ANTAM conducted gold exploration activities in Pongkor, West Java. In Pongkor, ANTAM conducted core drill analyst, core drill sampling and core drilling. Total gold exploration cost in April 2017 reached Rp1.14 billion.
NICKEL
Nickel exploration activities were conducted in Pomalaa, Southeast Sulawesi. Exploration activities consisted of, among others, geological mapping, core sampling, core logging, single drilling and grid measurement. Total nickel exploration cost in April 2017 reached Rp798.66 million. (ends)