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Pin to quick picksAsiamet Res Share News (ARS)

Share Price Information for Asiamet Res (ARS)

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Share Price: 0.90
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Ask: 0.95
Change: 0.00 (0.00%)
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Asiamet publishes promising results from Beruang Kanan Main

Thu, 21st Jul 2016 12:41

(ShareCast News) - Asiamet Resources announced on Thursday that resource infill and extension drilling being undertaken as part of the feasibility study on the Beruang Kanan Main copper deposit in Central Kalimantan, Indonesia was continuing to intersect high grade copper mineralisation in the southern part of the deposit.The AIM-traded firm confirmed good continuity of higher grades previously reported within the BK058 Zone.It said four drill rigs are operational with 25 holes or 2558 meters of diamond core drilling completed to date, and four holes currently in progress.Five large diameter holes collecting bulk samples for copper leaching test work have also been completed with an additional 12 holes to follow, the board reported.Assay results have been received for three infill holes drilled to increase resource confidence, it said, and one hole drilled to extend the BKM Resource eastward.Shallow high grade covellite-chalcocite copper mineralisation, very similar in style to that reported previously in drill holes BKM31850-02 and BK058-01 was intersected in all three holes drilled within the BK058 Zone, the report showed."The BKM deposit feasibility study drilling program is off to a flying start with these first results providing early confirmation of continuous shallow, high grade mineralization at the BK058 Zone," said Asiamet chief executive Tony Manini."This presents Asiamet with an opportunity to assess selective mining and scheduling of this higher grade mineralization early in the mine life, potentially enhancing project economics and shortening the capital payback period for the project.!As the momentum of the feasibility study builds over the coming months, Asiamet looks forward to reporting the results from ongoing drilling, metallurgical testing, mining, infrastructure and environmental studies," Manini explained.
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19 Jun 2024 12:56

UK shareholder meetings calendar - next 7 days

Thursday 20 June 
Angling Direct PLCAGM
Anglo Asian Mining PLCAGM
Animalcare Group PLCAGM
ASA International Group PLCAGM
Balanced Commercial Property Trust LtdAGM including re views on strategic review
Block Energy PLCAGM
boohoo Group PLCAGM
Card Factory PLCAGM
Concurrent Technologies PLCAGM
Cordiant Digital Infrastructure LtdAGM
Corero Network Security PLCAGM
Cykel AI PLCGM re acquisition by Mustang Energy PLC
Futura Medical PLCAGM
Good Energy Group PLCAGM
Gresham House Energy Storage Fund PLCAGM
Henderson Eurotrust PLCGM re merger with Henderson European Focus Trust PLC
Kingfisher PLCAGM
Likewise Group PLCAGM
LSL Property Services PLCAGM
Marble Point Loan Financing LtdEGM requisitioned by Freestone
Mustang Energy PLCGM re acquisition of Cykel AI PLC
Northcoders Group PLCAGM
Strix Group PLCAGM
Thor Energy PLCGM re equity raise
Friday 21 June 
All Things Considered Group PLCAGM
Monday 24 June 
Anglo-Eastern Plantations PLCAGM
Cizzle Biotechnology Holdngs PLCAGM
Cobra Resources PLCAGM
Diaceutics PLCAGM
Ithaca Energy PLCAGM
Network International Holdings PLCAGM
Oriole Resources PLCAGM
Oxford Biomedica PLCAGM
Savannah Resources PLCAGM
THG PLCAGM
Trinity Exploration & Production PLCAGM
World Chess PLCAGM
Tuesday 25 June 
Alphawave IP Group PLCAGM
Anpario PLCAGM
Aurrigo International PLCAGM
Elixirr International PLCAGM
Future Metals NLGM
Gemfields Group LtdAGM
Huddled Group PLCAGM
ICG Enterprise Trust PLCAGM
IQE PLCAGM
Roadside Real Estate PLCAGM
Rockhopper Exploration PLCAGM
Saga PLCAGM
Skillcast Group PLCAGM
Verici Dx PLCAGM
Vertu Motors PLCAGM
Vietnam Enterprise Investments LtdAGM
Xeros Technology Group PLCAGM
Wednesday 26 June 
Amicorp FS UK PLCAGM
Ariana Resources PLCGM re merger with Rockover Holdings
Asiamet Resources LtdAGM
Avacta Group PLCAGM
Bluejay Mining PLCAGM
Cora Gold LtdAGM
Corre Energy BVAGM
Creo Medical Group PLCAGM
East Star Resources PLCAGM
Echo Energy PLCAGM
Emmerson PLCAGM
HSS Hire Group PLCAGM
India Capital Growth Fund LtdAGM
Infrastructure India PLCGM re delisting from AIM
International Consolidated Airlines Group SAAGM
Novacyt SAAGM
Pinewood Technologies Group PLCAGM
RA International Group PLCAGM
SpaceandPeople PLCAGM
Warpaint London PLCAGM
  
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A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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14 May 2024 19:41

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10 May 2024 16:39

EARNINGS AND TRADING: Asiamet Resources declares special dividend

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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10 May 2024 16:39

EARNINGS AND TRADING: Asiamet Resources declares special dividend

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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17 Apr 2024 13:34

IN BRIEF: Asiamet hails "outstanding" high grade copper sample results

Asiamet Resources Ltd - London-based mineral exploration company focused on copper, gold and polymetallic assets in Indonesia - Collects two samples from surface in the central area of the BKM deposit in Central Kalimantan, Indonesia, which assayed 24.0% and 23.3% of copper. Says these high-grade results are consistent with previous surface sampling and reinforce the upside potential of both the BKM and BKZ deposits. Chief Executive Officer Darryn McClelland says: "The recent due diligence site visits have been very positive with good feedback received from all groups. The assay results from these grab samples are outstanding and, specifically for BKM, provide encouragement for the company in the fact that samples of this grade are found at surface. Our current mine plan targets mining of high grade starter pits from the BKM resource delivering high grade feed early in the life of the project allowing strong ramp up of copper production."

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28 Mar 2024 14:28

TRADING UPDATES: Baron Oil surrenders licence; DG Innovate proposes JV

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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27 Mar 2024 18:47

TRADING UPDATES: Empire Metals targets key milestones in Australia

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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1 Mar 2024 18:29

TRADING UPDATES: Alpha Real Trust says in "robust" financial shape

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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28 Dec 2023 16:46

London close: Stocks slip as US jobless claims top expectations

(Sharecast News) - London's stock markets experienced a modest decline on Thursday, as the day unfolded with a pronounced lack of significant market-moving developments.

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28 Dec 2023 11:57

Asiamet Resources reports progress at BKM copper project

(Sharecast News) - Asiamet Resources updated the market on its feasibility-stage BKM copper project in Central Kalimantan, Indonesia on Thursday.

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28 Dec 2023 11:10

Asiamet Resources makes "significant progress" in BKM copper project

(Alliance News) - Asiamet Resources Ltd on Thursday said it had made significant financial and engineering progress regarding its feasibility stage BKM copper project in Central Kalimantan, Indonesia.

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15 Nov 2023 14:04

IN BRIEF: Asiamet Resources gets GBP3.3 million financing for project

Asiamet Resources Ltd - focused on copper, gold and polymetallic assets in Indonesia - Notes USD4 million non-brokered private placement to PT Delta Dunia Makmur Tbk through the issue of 366.9 million new shares at an issue price of 0.9 pence per share. This includes Asiamet Chief Executive Officer Darryn McClelland subscribing for 4.0 million new shares on the same terms. Net proceeds of the placement and subscription will be used to advance the Beruang Kanan Main copper project in central Kalimantan, Indonesia. Following the completion of the placement, PT Delta Dunia Makmur will have around a 35% stake in Asiamet.

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30 Oct 2023 17:45

TRADING UPDATES: Versarien "pleased"; D4t4 first-half revenue rises

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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6 Oct 2023 15:11

Asiamet makes solid progress on BKM copper project

(Sharecast News) - Asiamet Resources updated the market on the BKM copper project in Central Kalimantan, Indonesia, on Friday, reporting robust advancements in multiple work streams related to its development.

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6 Oct 2023 10:08

Asiamet Resources shares rise on progress at BKM copper project

(Alliance News) - Asiamet Resources Ltd on Friday updated shareholders on the latest progress at the BKM copper project in central Kalimantan, Indonesia, having made positive steps towards financing the project.

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