Release: ANTAM monthly exploration report for July-September 2021

Monday, October 11 2021 - 05:07 PM WIB

(Jakarta, October 8, 2021)--PT Aneka Tambang Tbk (ANTAM) is pleased to announce its exploration report for the Third Quarter 2021 (July-September 2021, 3Q21) in accordance with the Indonesia Stock Exchange listing rules.

ANTAM's exploration activities in 3Q21 were focused on gold, nickel and bauxite and also ANTAM processed the forest area permit in several gold prospective area in 3Q21, with total unaudited preliminary cost of Rp38.11 billion.

GOLD

In 3Q21, ANTAM conducted gold exploration activities in Pongkor, West Java. In Pongkor, ANTAM conducted geological modeling and drilling.

NICKEL

Nickel exploration activities in 3Q21 were conducted in Pomalaa and Tapunopaka, Southeast Sulawesi and also Buli, North Maluku. In Pomalaa and Tapunopaka, ANTAM conducted geological mapping, core sampling, core logging, grid measurement & re-measurement, yardstick installation and single tube drilling.

Meanwhile in Buli, ANTAM conducted geological mapping, core sampling, core logging, surface sampling, path measurement, yardstick installation and single tube drilling.

BAUXITE

Bauxite exploration activites in 3Q21 werw conducted in tayan, west Kalimantan. In the area, ANTAM conducted geological  mapping, grid/ polygon measurement, geodetic GPS measurement, test pit, logging test pit, test pit sampling and rock sampling. (ends)

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