EXPLORATION & DEVELOPMENT

Asiamet flags high-grade BKZ intercepts

After securing the tenure for both its BKM and BKZ projects in central Kalimantan, Indonesia, earlier this week, Asiamet Resources (LN:ARS) has revealed some outstanding polymetallic intervals from the latter asset.

Staff reporter
 BKZ is located close by to BKM, but has shown off very different mineralisation

BKZ is located close by to BKM, but has shown off very different mineralisation

BKZ is less than 800m from the BKM copper project, which the company is currently carrying out a feasibility study on, but the earlier-stage asset is gaining investor attention for its variety of rich base and precious metal mineralisation.

The latest infill results have, again, shown why investors would be interested.

Broad intervals of high-grade massive sulphide mineralisation were intercepted in the upper polymetallic zone and included 42m at 6.9% Zn, 2.8% Pb and 31g/t Ag from 26m depth. This also included a 10m length averaging 16.5% Zn, 8.2% Pb and 65g/t Ag from 28m.

Assays going into the lower zone came back with a notable 67m interval at 1.3% Cu and 10g/t Ag from 52m, displaying just how rich the deposit is at various depths.

The company plans to publish a mineral resource estimate for both mineralised zones at BKZ in May.

CEO Peter Bird said BKZ had advances from a "promising target" to the cusp of maiden resource status in just six months. 

"Asiamet is very excited by these recent results and looks forward to delivering further value from the exploration and development of its assets at a time when quality copper and base metals projects are in short supply," he said.

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