Release: Antam monthly exploration report for March 2009

Saturday, April 11 2009 - 01:59 AM WIB

PT Antam Tbk is pleased to lodge March Exploration Report in accordance with the Indonesia Stock Exchange listing rules.

Antam?s exploration activities focused on nickel, gold, bauxite and coal. Total exploration cost on above commodities on March 2009 amounted to Rp13.4 billion (preliminary figures).

NICKEL EXPLORATION
Antam conducted nickel exploration at North Maluku and Southeast Sulawesi.

Antam conducted exploration activities at Buli-North Maluku included drilling, logging core and grid measurement while at Tapunopaka and Mandiodo-Southeast Sulawesi Antam focused on track measurement, drilling spots, topography measurement, logging core and drilling.

Total nickel exploration cost reached Rp4.5 billion.

GOLD EXPLORATION
Antam conducted gold exploration at Central Aceh-NAD, North Tapanuli-North Sumatera, Batangasai-Jambi, Pongkor and Papandayan-West Java, Ajibarang and Tirtomoyo-Central Java, Wowoni and Ranteangin-Southeast Sulawesi and Mao Batuisi-West Sulawesi.

Exploration activities at Central Aceh-NAD included Regional Geological Mapping (RGM), opening and samples of stream sediment, rocks, Fi, XRD and petro/ mineragraphy. Antam also conducted exploration at North Tapanuli-North Sumatera included Semi Detailed Geological Mapping (SDGM), opening and samples of rocks, Fi, XRD and petro/mineragraphy. At Batangasai-Jambi, Antam performed Detailed Geological Mapping (DGM), SDGM, hand auger, opening, samples of soil, core, rocks, petrol mineragraphy, XRD and Fi, conducted logging core, drilling and outcrop description and measurement

Exploration activities at Java Island were conducted at several areas. At Pongkor-West Java, Antam performed DGM, logging core, samples of core, Fi, XRD and petro/mineragraphy and also conducted drilling and track measurement. At Papandayan-West Java, Antam conducted DGM, opening, samples of rocks, Fl, XRD, petrography/ mineragraphy and track measurement. Antam also conducted DGM, opening, samples of rock, Fi, XRD and petrography at Ajibarang-Central Java while at Tirtomoyo, Central Java, Antam conducted DGM, hand auger, samples of soil and rocks and track measurement.

At Wowoni of Southeast Sulawesi, Antam conducted DGM, samples of rocks, Fi, XRD and petrography, conducted opening, track measurement, outcrop description, IP geophysics and magnetic geophysics. Antam conducted RGM, samples of stream sediment, Fl, XRD and petro/mineragraphy at Ranteangin, Southeast Sulawesi while at Mao Batuisi, West Sulawesi Antam conducted SDGM, DGM, samples of rocks, Fi, petrography and XRD and opening.

Total gold exploration cost reached Rp6.3 billion.

BAUXITE EXPLORATION
Antam conducted bauxite exploration at Mempawah, Tayan and Munggu Pasir of West Kalimantan.

Exploration activities at Mempawah included 50 m grid, topography measurement, test pitting, total depth and samples.

Antam conducted grid measurement, topography, test pitting, total depth and samples at Tayan.

At Munggu Pasir, Antam conducted grid measurement, test pitting, total depth and samples.

Total bauxite exploration cost reached Rp2.1 billion.

COAL EXPLORATION
Antam conducted coal exploration at Mura Tebo of Jambi included RGM, SDGM, opening, samples of rocks and core, conducted logging, drilling and track measurement.

Total coal exploration reached Rp528.7 million. (end of release)

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