Release: ANTAM monthly exploration report for November 2017

(December 13, 2017)--PT ANTAM Tbk is pleased to announce its exploration report for November 2017 in accordance with the Indonesia Stock Exchange listing rules. ANTAM?s exploration activities were focused on gold and nickel in November 2017, with total preliminary cost of Rp1.75 billion.

GOLD
In November 2017 ANTAM conducted gold exploration activities in Pongkor, West Java, overseas exploration and inspection of prospective area such as in Bukit Kapur and Pongkor Mountain, West Java. In Pongkor, ANTAM conducted core drill analyst, core drill sampling and core drilling. Meanwhile in Bukit Kapur and Pongkor Mountain, ANTAM conducted geological and geophysical mapping,measurement and drill preparation. Total gold exploration cost in November 2017 reached Rp690.88 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 November 2017 reached Rp1.06 billion (unaudited preliminary figure). (ends)