Release: ANTAM monthly exploration report for June 2017
Thursday, July 13 2017 - 01:10 AM WIB
(July 13, 2017)--PT ANTAM (Persero) Tbk is pleased to announce its exploration report for June 2017 in accordance with the Indonesia Stock Exchange listing rules. ANTAM?s exploration activities were focused on gold and nickel in June 2017, with total preliminary cost of Rp1.94 billion.
GOLD
In June 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 June 2017 reached Rp762.53 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 June 2017 reached Rp1.18 billion (unaudited preliminary figure). (ends)