White Rock, British Columbia (FSCwire) - Asiamet Resources Ltd. (the “Company”) is pleased to announce that has closed a brokered private placement announced on October 30, 2015. The Company has issued and settled through CREST 71,428,571 common shares at a price of £0.014 per share for total gross proceeds of £1.0 million (approximately equivalent to CDN $2.0 million at CDN $0.028 per share). The Company paid an [...]
White Rock, British Columbia (FSCwire) - Asiamet Resources Ltd. ("ARS” or the "Company") is pleased to announce that it plans to undertake a private placement of up to 71,428,571 common shares at a price of £0.014 per share for total gross proceeds of approximately £1.0 million (approximately equivalent to CDN $2.0 million at CDN $0.028 per share). The Company has received commitments predominantly from existing [...]
Vancouver, British Columbia (FSCwire) - Asiamet Resources Ltd. ("ARS” or the "Company") is pleased to report an updated Mineral Resource estimate for the Beruang Kanan Main (“BKM”) deposit within the Company’s 100% owned KSK Contract of Work in Kalimantan, Indonesia. The Resource has been independently estimated by Duncan Hackman of Hackman & Associates Pty Ltd (Australia) and a technical Report [...]
White Rock, British Columbia (FSCwire) - Asiamet Resources Ltd. ("ARS") is pleased to report assay results for the final holes drilled as part of the 2015 resource evaluation program at the Beruang Kanan Main (“BKM”) copper deposit in Central Kalimantan, Indonesia. This is the final set of results required to complete an update of the BKM Resource. Infill drilling on section lines BKM32500 and BKM32550 within [...]
White Rock, British Columbia (FSCwire) - Asiamet Resources Ltd. ("ARS") is pleased to report further high grade assays have been received for resource evaluation drilling at the Beruang Kanan Main (“BKM”) copper deposit in Central Kalimantan, Indonesia. Drilling within the BK044 zone continues to intersect wide intervals of higher grade copper mineralization (refer Figure 1). Assay results were received for [...]
White Rock, British Columbia (FSCwire) - Asiamet Resources Ltd. ("ARS") is pleased to report that recent assay results received for resource evaluation drilling at the Beruang Kanan Main (“BKM”) copper deposit in Central Kalimantan, Indonesia have reported additional wide intervals of higher grade copper mineralization within the recently identified BK044 and BK058 zones. Assay results were received for an [...]
Vancouver, British Columbia (FSCwire) - Asiamet Resources Ltd. ("ARS" or the “Company”) is pleased to announce that recent drilling as part of the Resource evaluation program in progress on the Beruang Kanan Main (“BKM”) copper deposit in Central Kalimantan, Indonesia has identified a second zone of higher grade copper mineralization within the BKM Resource. The delineation of these two shallow [...]
Asiamet Resources Limited (the "Company" or "ARS") wishes to advise that on September 2, 2015 Antony Manini, a Director and the Deputy Chair and Chief Executive Officer of the Company, notified the Company that on September 1, 2015, he purchased 3,500,000 shares of the Company, privately at a price of £0.012999 per share.
Mr Manini purchased the residual shareholding interest of MK TRM Holdings LP (MK), a significant [...]
Asiamet Resources announces that pursuant to the Company’s shareholder approved Stock Option Plan, the Company’s Board of Directors granted a total of 6,000,000 Incentive Stock Options to Directors and granted a total of 3,650,000 Options to employees and consultants for a total of 9,650,000 shares of the Company’s capital stock, that are exercisable between August 31, 2015, and August 31, 2020, at an [...]
The unaudited Interim Consolidated Financial Statements and the management discussion and analysis of Asiamet Resources for the half-year ended June 30, 2015, are available for viewing on sedar.com or asiametresources.com. The strategic vision of Asiamet is to build a leading Asia Pacific Copper-Gold Company leveraging the collective knowledge and experience of the team which built junior explorer Oxiana Limited into a $6 [...]
White Rock, British Columbia (FSCwire) - Asiamet Resources Ltd. ("ARS") is pleased to announce that recent drilling as part of the Resource evaluation program in progress on its flagship Beruang Kanan copper project in Central Kalimantan, Indonesia has identified a high grade copper zone within the current resource envelope that has the potential to significantly enhance project economics. Hole BKM31850-02 (69.6m end of [...]
Vancouver, British Columbia (FSCwire) - Asiamet Resources Ltd. ("ARS” formerly Kalimantan Gold Corporation Limited, or the "Company") is pleased to report that it has signed a non-binding Memorandum of Understanding (“MOU”) with the Government of the Republic of Indonesia (“GOI”) covering amendments to its KSK Contract of Work (“CoW”). The CoW system which provides security of tenure for +30 years of exploration [...]