Asiamet Resources wishes to advise that Tigers Realm Minerals Pty Ltd., a private investment Company in which Mr. Tony Manini, the Executive Chairman and a Director of Asiamet is a shareholder, notified the Company on March 23, 2017 that in line with its corporate strategy, shareholdings in the listed companies it has invested in and supported during their pre-development phase have been distributed pro-rata to the [...]
Asiamet Resources is pleased to provide an update on the progress being made on the Beruang Kanan Main feasibility studies. Significant ramp-up of metallurgical activities over the past two months. Geotechnical program completed with no major issues identified. Numerous options to reduce pre-production capital and favourable conditions to support low mining costs identified in the geotechnical studies
Asiamet Resourcesis pleased to announce that it will be exhibiting at the UK Investor Show in London, United Kingdom on Saturday 1 April 2017. On Thursday 30 March 2017, the Company will also be presenting at the Mining Maven Investor Evening at The Côte Brasserie, St Pauls, London.
Asiamet Resources is pleased to advise that Resource infill and extension drilling being completed as part of feasibility studies on the Beruang Kanan Main copper deposit in Central Kalimantan, Indonesia continues to substantially de-risk the Resource which underpins the project. In particular: Ongoing infill drilling at the BKM deposit confirms excellent internal continuity of high grade copper mineralisation at the [...]
Asiamet Resources is pleased to announce the results of a comprehensive review of all historical exploration data collected within a 3 kilometer radius of the BKM deposit in Central Kalimantan, Indonesia where the Company is currently advancing feasibility studies for the development of a 25,000 tpa SX-EW copper mine. The review assessed the base and precious metal potential at each of the Beruang Kanan West (BKW [...]
White Rock, British Columbia (FSCwire) - Asiamet Resources Ltd. (“ARS” or the "Company") is pleased to announce a further strengthening of its Board and management team as it advances the BKM feasibility study through to completion in 2017 and ramps up project financing and mine development related activities. Simultaneously the Company is continuing to progress its other high potential Indonesian copper and gold [...]
Vancouver, British Columbia (FSCwire) - Asiamet Resources Ltd. ("ARS" or the “Company”) is pleased to report that Resource evaluation drilling as part of feasibility studies on the Beruang Kanan Main (“BKM”) copper deposit in Central Kalimantan, Indonesia continues to confirm excellent continuity of high grade copper mineralization in the BK044 Zone. A total 70 holes for 7030 meters of diamond core [...]
White Rock, British Columbia (FSCwire) - Asiamet Resources Ltd. (“ARS” or the "Company"), announces that it has applied for voluntary delisting of the common shares of the Company (“Shares”) from the TSX Venture Exchange ("TSXV"). The Shares are currently listed for trading on the TSXV and AIM. The directors of the Company believe that the minimal trading activity of the Company’s common shares on the TSXV no longer [...]
White Rock, British Columbia (FSCwire) - Asiamet Resources Ltd. ("ARS" or the “Company”) is pleased to advise that Resource evaluation drilling being undertaken as part of the feasibility study at the Beruang Kanan Main (“BKM”) copper deposit in Central Kalimantan, Indonesia continues to report wide intervals of higher grade near surface copper mineralization which further expand the BK044 Zone. A [...]
White Rock, British Columbia (FSCwire) - Asiamet Resources Ltd. (the “Company”) is pleased to announce that it has closed a brokered private placement announced on December 6, 2016. The Company has issued and settled through CREST 86,956,521 common shares at a price of GBP 2.3 pence per share for total gross proceeds of £2 million (equivalent to approximately CDN $3.7 million at CDN $0.04 per share). The Company paid an [...]
Vancouver, British Columbia (FSCwire) - Asiamet Resources Ltd. (the “Company”) is pleased to announce that through clients of Optiva Securities Limited and existing shareholders, including certain insiders, the Company has received commitments to purchase 86,956,521 common shares at a price of £0.023 per share for total gross proceeds of approximately £2 million (approximately equivalent to CDN 3.4 million at CDN $0.04 [...]
Vancouver, British Columbia (FSCwire) - Asiamet Resources Ltd. ("ARS" or the “Company”) is pleased to provide an update on the excellent progress being made on the Beruang Kanan Main (“BKM”) feasibility study. Metallurgical test work programs are well advanced and results have now been received for the comminution (crushing) test work which forms the basis upon which the crushing circuit is designed. Five different ore [...]