Release: ANTAM monthly exploration report for June 2016
Wednesday, July 13 2016 - 12:14 AM WIB
(July 12, 2016)--PT ANTAM (Persero) Tbk is pleased to announce its exploration report for June 2016 in accordance with the Indonesia Stock Exchange listing rules.
ANTAM?s exploration activities were focused on gold and nickel in June 2016, with total preliminary cost of Rp2.55 billion.
GOLD
In June 2016 ANTAM conducted gold exploration activities in Pongkor, West Java. In Pongkor, ANTAM conducted core drilling, core drill sampling, core drill analysis, direction measurement and incline drilling.
NICKEL
Nickel exploration activities were conducted in Pomalaa, Southeast Sulawesi. Exploration activities consisted of, among others, geological mapping, surface sampling, core sampling, core logging, petrography sampling, single drilling and grid measurement. (end of release)