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[ferro-alloys.com]ANTAM’s total exploration cost in March 2018 totalled to Rp2.04 billion (unaudited preliminary figure), focusing on gold and nickel. 

PT Aneka Tambang Tbk (ANTAM; IDX: ANTM; ASX: ATM) is pleased to announce its exploration report for March 2018 in accordance with the Indonesia Stock Exchange listing rules.

ANTAM’s exploration activities were focused on gold and nickel in March 2018, with total preliminary cost of Rp2.04 billion.

GOLD

In March 2018 ANTAM conducted gold exploration activities in Pongkor, West Java and inspection of prospective area. In Pongkor, ANTAM conducted geological mapping,

geological evaluating, geological model and area drilling preparation. Total gold exploration cost in March 2018 reached Rp625.64 million (unaudited preliminary figure).

NICKEL

Nickel exploration activities were conducted in Pomalaa and Tapunopaka, Southeast Sulawesi and inspection of prospective area. In Pomalaa and Tapunopaka, ANTAM

conducted geological mapping, core sampling, core logging, grain size fractionation analysis, single drilling, grid measurement and preparation. Total nickel exploration cost in March 2018 reached Rp1.41 billion (unaudited preliminary figure). 

• [Editor:王可]