Release: Antam monthly exploration report for Jan. 2010
Monday, February 15 2010 - 02:34 AM WIB
Antam?s exploration activities focused on nickel, gold, bauxite and coal. Total exploration cost on above commodities in January 2010 amounted to Rp3.6 billion (preliminary figures).
NICKEL
Antam conducted nickel exploration at North Maluku, Southeast Sulawesi and Gag Island of West Papua.
Antam conducted preparation for further exploration activities at Buli-North Maluku.
Exploration activities in Southeast Sulawesi included drilling, logging core, core sampling and mapping at Mandiodo and Lasolo.
Antam conducted exploration activities at Gag Island-West Papua included drilling, logging core, core sampling, track and drilling spot measurement.
Total nickel exploration cost reached Rp1.2 billion.
GOLD
Antam conducted gold exploration at Batangasai-Jambi, Pongkor and Papandayan-West Java, Cibaliung-Banten, Wowoni-Southeast Sulawesi, Mao Batuisi-West Sulawesi and Moyo area-West Nusa Tenggara.
Exploration activities at Batangasai-Jambi included Detailed Geological Mapping (DGM), opening, collected samples of soil, rocks, petro/mineragraphy, XRD and FI, conducted outcrop, drilled logging and IP geophysics.
Exploration activities at Java Island were conducted at several areas. At Pongkor-West Java, Antam performed DGM, logging core, collected samples of core, rock and petrography/ mineragraphy, drilling, drilling track and geophysics measurement, conducted CSMAT geophysics, IP and magnetic investigation, soil sampling analysis, XRD and petro/ mineragraphy analysis and geological evaluation and modelling. At Papandayan-West Java, Antam conducted DGM, opening, drilling, logging core, collected samples of rocks and core, conducted track measurement and IP geophysics. At Cibaliung-Banten, Wowoni-Southeast Sulawesi, Mao Batuisi-West Sulawesi and Moyo area-West Nusa Tenggara, Antam conducted preparation for further exploration activities.
Total gold exploration cost reached Rp1.8 billion.
BAUXITE
Antam conducted preparation for further exploration activities at Mempawah, Landak, Tayan and Munggu Pasir of West Kalimantan at a cost of Rp478.5 million.
COAL
Antam conducted preparation for further exploration activities at Mura Tebo and Bangko of Jambi at a cost of Rp171 million. (end of release)
