Release: ANTAM monthly exploration report for December 2013

(Jakarta, January 13, 2014) -- PT ANTAM (Persero) Tbk is pleased to announce its exploration report for December 2013 in accordance with the Indonesia Stock Exchange listing rules.

ANTAM?s exploration activities were focused on gold, nickel and bauxite in December 2013, with total preliminary cost of Rp10.9 billion.

GOLD
ANTAM conducted gold exploration activities at Pongkor and Papandayan, West Java; Cibaliung, Banten; and Batulicin, Jambi in December 2013. During the period, ANTAM spent Rp6.7 billion forgold exploration activities.

Exploration activities at Pongkor, West Java were consisted of geological mapping, core logging, sampling, track measurement, IP geophysics and geological modeling and evaluation.

At Papandayan, West Java, ANTAM performed geological mapping, core logging, hand-auger, core, petmin, TSG and soil samplings, track measurement, drill points and polygon, point load sampling and testing, core/rock/soil analysis, as well as geological evaluation and modeling.

At Cibaliung, Banten, ANTAM conducted geological mapping, trenching, IP geophysical mapping as well as geological data modeling and evaluation.

Meanwhile, at Batulicin, Jambi and Air Niru, Bengkulu, ANTAM performed geological mapping, core logging, core and rock samplings as well as geological evaluation and modeling.

NICKEL
Nickel exploration activities were conducted in Buli, North Maluku and Pomalaa, Southeast Sulawesi in December 2013.

At Buli, North Maluku, ANTAM conducted semi-detailed geological mapping, surface sampling, grid measurement, drilling, core logging, core sampling, petrography, XRD, MC and SG measurements, and preparation.

The exploration activities at Pomalaa, Sulawesi Tenggara were consisted of semi-detailed geological mapping, topography measurement, drill grid and geophysics measurements, drilling, core logging, core sampling and petmin, geophysics resistivity, SG & MC measurements and preparation.

ANTAM spent Rp3 billion on nickel exploration activities in December 2013.

BAUXITE
ANTAM conducted bauxite exploration activities at Landak, Tayan and Munggu Pasir, West Kalimantan with total exploration cost of Rp1.2 billion in December 2013. The exploration activities were comprised of detailed geological mapping, grid measurement, MC and crude SG measurements, topography measurement, test-pitting, test-pit logging, test-pit sampling, petmin and XRD, as well as preparations. (end of release)