Release: ANTAM monthly exploration report for August 2017

Wednesday, September 13 2017 - 01:50 AM WIB

(September 13, 2017)--PT ANTAM (Persero) Tbk is pleased to announce its exploration report for August 2017 in accordance with the Indonesia Stock Exchange listing rules.

ANTAM?s exploration activities were focused on gold and nickel in August 2017, with total preliminary cost of Rp1.84 billion.

GOLD
In August 2017 ANTAM conducted gold exploration activities in Pongkor, West Java. In Pongkor, ANTAM conducted core drill analysis, core drill sampling and core drilling. Total gold exploration cost in August 2017 reached Rp837.54 million (unaudited preliminary figure).

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 August 2017 reached Rp1 billion (unaudited preliminary figure). (ends)

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