Release: ANTAM monthly exploration report for February 2014

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

ANTAM?s exploration activities were focused on gold and nickel in February 2014, with total preliminary cost of Rp905 million.

GOLD
ANTAM conducted gold exploration activities at Pongkor and Papandayan, West Java; Batangasai, Jambi; and Air Niru and Telatang, Bengkulu in February 2014. During the period, ANTAM spent Rp472.7 billion for gold exploration activities.

Exploration activities at Pongkor, West Java were conducted for data verification and validation; vein distribution field survey; as well as ore body modelling.

At Papandayan, West Java, ANTAM performed hand-auger measurement; core and soil sampling; spectral geology test preparation and analysis; as well as magnetic susceptibility test preparation and measurement.

Exploration activities in Batangasai, Jambi included detailed geological mapping, groundmagnet, and structure and alteration studies.

Meanwhile, at Air Niru, Bengkulul, ANTAM?s exploration activities were intended to localize vein system distribution, both on the surface and underground.

NICKEL
Nickel exploration activities were conducted in Pomalaa, Southeast Sulawesi in February 2014.

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 Rp432.8 million on nickel exploration activities in February 2014. (end of release)