Release: ANTAM monthly exploration report for July 2017

Monday, August 14 2017 - 12:57 AM WIB

(August 14, 2017)--PT ANTAM (Persero) Tbk is pleased to announce its exploration report for July 2017 in accordance with the Indonesia Stock Exchange listing rules.

ANTAM?s exploration activities were focused on gold, nickel and bauxite in July 2017, with total preliminary cost of Rp728.49 million.

GOLD
In July 2017 ANTAM conducted gold exploration activities in Pongkor, West Java. In Pongkor, ANTAM conducted core drill analyst, core drill sampling and core drilling. Total gold exploration cost in July 2017 reached Rp351.66 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 July 2017 reached Rp326.80 million (unaudited preliminary figure). (ends)

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