RE: good logic.5 Nov 2014 13:32
LONDON (Alliance News) - Kalimantan Gold Corp Ltd saw its shares rise early on Wednesday after it filed an NI 43-101 technical report supporting the maiden resource for the Beruang Kanan project.
The estimate showed an inferred resource of 47 million tonnes averaging 0.6% copper, or 621.7 million pounds of copper from the Indonesia prospect. The resource estimate is only for the main zone of the Beruang project.
Kalimantan shares were up 7.6% to 2.151 pence in early trade, making it one of the best performers in the AIM All-Share index.