Release: ANTAM monthly exploration report for May 2016
Tuesday, June 14 2016 - 02:39 AM WIB
(June 14, 2016)--PT ANTAM (Persero) Tbk is pleased to announce its exploration report for May 2016 in accordance with the Indonesia Stock Exchange listing rules.
ANTAM?s exploration activities were focused on gold and nickel in May 2016, with total preliminary cost of Rp1.54 billion.
GOLD
In May 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)