Release: Antam monthly exploration report for Dec. 2008
Tuesday, January 13 2009 - 01:38 AM WIB
Antam?s exploration activities focused on nickel, gold, bauxite and coal. Total exploration cost on above commodities on December 2008 amounted to Rp17 billion (preliminary figures).
NICKEL EXPLORATION
Antam conducted nickel exploration at Bull of Halmahera and Southeast Sulawesi.
Antam conducted nickel exploration at Buli of Halmahera specifically grid measurement, topography measurement, 25 m drilling space, 12.5 m infilled drilling space, core drilling description, core drilling samples, preparation and analysis. Antam also continued infilled drilling activity at Pakal island.
Antam conducted logging core, core sampling, 50 m of drilling space, track and drilling spot measurement and preparation at Tapunopaka of Southeast Sulawesi. Antam also conducted topography measurement, grid measurement, 25 m and 100 m drilling space, logging core, samples and preparation at Mandiodo while at Baunaga and Lalindu focused on logging core, core sampling, topography measurement, 100 m drilling space and preparations.
Total nickel exploration cost reached Rp9.8 billion.
GOLD EXPLORATION
Antam conducted gold exploration at Pongkor and Papandayan Garut of West Java, Tirtomoyo of Central Java, Batangasai of Jambi and Wowoni of Southeast Sulawesi.
Exploration activities at Pongkor included Detailed Geological Mapping (DGM), logging core, core sampling and drilling. Antam also conducted exploration activities at Papandayan-Garut, included DGM, opening, togging core, core samples, drilling and drilling measurement.
Antam also conducted DGM, opening, rock samples, petrography, XRD and rock geochemistry analysis at Tirtomoyo of Central Java.
At Batangasai of Jambi, exploration focused on DGM, Semi Detailed Geological Mapping (SDGM), hand auger, logging core, drilling, layer and drilling spot measurement, samples of soil, core, rock, XRD, Fi, structural investigation, magnetic geophysics, IP geophysics and track measurement.
At Wowoni of Southeast Sulawesi, Antam conducted DGM, XRD and soil sampling, hand auger, opening, track measurement, IP geophysics and magnetic geophysics.
Total gold exploration cost reached Rp3.7 billion.
BAUXITE EXPLORATION
Antam conducted bauxite exploration at Mempawah, Munggu Pasir and Tayan of West Kalimantan.
Exploration activities at Mempawah included 50 m grid measurement, topography measurement, test pitting, samples and preparation.
Antam conducted grid/polygon measurement, topography, test pitting, samples and preparation at Munggu Pasir.
At Tayan, Antam conducted grid and topography measurement, test pitting, samples and preparations.
Total bauxite exploration cost reached Rp2 billion.
COAL EXPLORATION
Antam conducted initial coal exploration at Bangko, Merangin of Jambi, Kaimana and Sorong, Salawati of West Papua.
Exploration activities at Bangko, Merangin of Jambi included SDGM, Regional Geological Mapping (RGM), opening, rock and core samples, logging, track measurement and trial drilling activities.
At Kaimana of West Papua, Antam conducted RGM, opening and rock sampling while at Sorong, Salawati Antam conducted SDGM, opening, rock and core samples, GPS and grid measurement and electric logging.
Total coal exploration reached Rp1.5 billion. (end of release)