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Asiamet’s BKM project ‘developing quite nicely’, says analyst Paul Renken

Wednesday, April 12, 2017 2:57
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(Before It's News)

Paul Renken, VSA Capital‘s mining analyst and media commentator gives his view on developments at Asiamet Resources Limited’s (LON:ARS) BKM project in Indonesia.

The company’s told investors that ongoing resource definition drilling continues to intersect thick intervals of copper mineralisation.

Latest holes, BKM31900-02 and BKM1900-03, were both outside of the current BKM resource envelope suggesting they will contribute new resources.

”It’s developing quite nicely … all of the initial drilling is now being infilled with additional drilling in order to move it into the categories for which the feasibility study can be measured”, Renken says.

”It’s definitely hitting the kinds of resources we thought it would … very nice, very thick, very shallow and easy to treat”.

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