Member Info for updo

In a company fax (KLG) dated 10/31/97 we can read:

RINJEN- gold/copper target- located 2 km n/w of focus 1 is on the same structural control. A number of intrusives that line up have been identified and a copper geochemical anomaly has been outlined indicating a possible skarn or massive sulphide deposit. Work to date has consisted of a geochemical rock

chip and auger soil sampling program on a 100 m grid line with samples taken every 20m returned rock chip sample values up to 4.86 gpt gold, 5.31 % copper, 3.77% lead, 15.8% zinc and 3.15% arsenic. The difficult terrain of this project has deferred follow-up exploration until next year

If they are going for a sale it cannot go cheap otherwise the shareholders will not get what is their due. I can only have a ball park figure but by my reconning we are not far off the 100 million $ expenditure since we first started. Even Freeport Mc Moran have funded some 33 Mil. on exploration between 2011 and 2014.

Spot on Bukowski - KSK is not just another mineral deposit it is a herd of elephants and their matriarch. In a perfect world I would like to think that the directors would fight to defend it. For the small investors there are no more exciting project than KSK. By light years.

From the turn of the century BK (M ) was going to be the first cab of the rank. Nice to see we are getting close. Once we get it going hang on to your hat as there will be no stopping us

Yes this was Mansur's answer when asked why he never moved on and spend his whole working life on KSK as geologist . There are a miriad of things in life rewards beside money.

another appetizer you can also add: klg 10/31/97 report

...focus 1 - anomalous area 1.2km by 600m - gold target- soil samples 1.38 g/t gold, 471 g/t silver, 410 g/t copper, 4000 g/t lead, 331 g/t zinc, 2,340 g/t ****nic

.. rinjen - gold/copper target- located 2 km northwest of focus 1 is on the same structural control- rock chip and auger soil sample returned values of up to 4.86 g/t gold, 5.31 % copper, 3.77% lead, 15.8% zinc and 3.15% ****nic

"stage 1 is the launch pad for unlocking the potential of the BKM mineral district and the wider KSK CoW"

I hope this remind again everyone to question : what are we seating on here?

Stage 1 unlocks a platform for broader development across the KSK licence area, where we see significant longer-term value potential.

Mgt making sure we are laying some strong foundation with an eye to the futur

Do not remember if it was even earlier than that but the Bermuda address of the registered and record office was in place when the Company was listed on the TSX

Asiamet for copper yes but let me remind you that it was not originally named Kalimantan Gold by mistake

Taken from KLG quarterly report ended September 30 1998 :

Derajoi prospect " 7 main quartz veins up to 2m in width have been traced over a strike distance of 2.5 km. Samples have yielded assays up to 43gpt gold, 602 gpt silver, 9.8% copper, 16.3 % lead and 39.1% zinc. These veins, trough petrographic studies and alteration mapping carried out over the prospect, are understood as sourcing from a copper porphyry system"

Darryn reconfirm " we have always said that BKM is an enabler for us to realise our ambition to become a world class mining company"

Beruang Kanan (BKM) was planned from the onset (1990) to be KSK first cab of the rank , being at the time the only accessible target (by logging road) and an ideal size for a first venture. (by the way if one look at the records from the early drilling results it was already (acuretely) estimated the the resource would be around 100MT . BKM on its own will not turn turn us into a tier one Company but if successful it will become the launchpad that will. KSK we have seen nothing yet.

It starts to feel real and hopefully , world events permitting, we can start building soon. It has taken 40 years but patience will always pay off. Respect, KSK has no equal.

Hi Swan - it is good to have an opinion and it is even better when it is shared.
Always doing the right thing is essential but sometimes it is beneficial to think out of the square.

Building a copper mine.
Putting things in perspective:
For Andrew it is just another job
For Asiamet it is about building a regional economy!

Uninspiring and dull!
Boy! who are they trying to impress ? Who comes out with that kind of lame promo?
New country , difficult terrain, harsh conditions, a litany of challenges and being a newly discovered porphyry province requires people on the ground who can demonstrate that they are really up to it.
Proof of having an abundant amount of energy is an absolute prerequisite. If Asiamet is to fly it will need to accelerate to
take off power.
Where are the likes of Steven Hughes?

The ripple effect....and we have not started mining yet... it fills me with great hope for the futur...

https://bcuschool.org/
Its an amazing school
Thanks for those who ticked the thumbs up

Mansur Geiger said: "In a sense, it all started with me going up river in a canoe and establishing strong relationships with the local Dayak people. Living and working closely with them created a special connection from the very beginning, and this all evolved into the need to support them in preparation for the future impact of a possible mining operation. Apart from the community development work, we trained the locals in all areas rather than bringing in outsiders, which also created an on­going responsibility towards them. The first landmark (up to that point, our community efforts had been rather informal) was when Murray Clapham (Kalimantan Gold CEO) and I set up the Kalimantan Kids Club (KKC) in 1992 to help kids with their education. It started with a young girl who was a gold panner. She was an orphan who wanted to be a sports teacher, so we took her and the son of my original Dayak guide, Pak Sumbin, and put them into Palangkaraya University. Murray and I jointly funded the club, then others joined in. Within a couple of years we were sponsoring over a dozen kids."
This eventually led to the opening of a school in Palankaraya by Mansur'wife Utami.
Now I ( do not have any involvement with this institution ) respectfully bring out that topic because I learned that the economic hardship created by the pandemic ,as felt in many places, is also impacting the school.
If anyone wish to follow it up I will post the website. I also wish to apologise to you and accept your criticism if you find this post inappropriate.

Thornback I certainly did not meant to offend. Sorry I get carried away sometimes. Just that too many people here are still
equating KSK with BKM (or even the whole Beruang Kanan prospect) .
Who would sale the goose that lays golden eggs?

IMHO Best presentation so far from Tony and the project seems to be on the right track.
Firstly I have always maintained that Beutong should be sold. I have said so here a few times. It was used as a bargain chip to take possession of KSK and Good luck to Tigers Realm investors I say. But for Asiamet it is an unwieldy project for many reasons.
Secondly if I may, let me point out something which is crucial in what Tony said.
"..this project is in the bet shape as any project I have been involved because of the goodwill that has been build up thru the Trust Fund ..(which goes back some 30 years).....(and).....strategic investors having an alignment in all those things (extensive roll out of community programs) is a critical part of the decision making process for us choosing whom we go with..."
Mansur always maintained " Our exploration efforts and our Community efforts are one and the same"
How right is he?????
Now someone may say that there are no people living directly on our concession. It may be so,
at the moment . The real question is what about in the futur, or rather, why did Mansur and Co made sure from from the onset how important it was for the locals to be included and made to feel part of the project. You can work out that by yourself.
Now we read here and elsewhere people wishing someone comes and buy us out. This is so short sighted it is not even funny and reveal that the true scale of the KSK resources are yet to down on most investors.
They can sell their share if they want out but please leave the rest of us out of it!