Asiamet Resources Further Intersects High Grade Mineralisation At BKZ

28th Mar 2018 14:23

LONDON (Alliance News) - Asiamet Resources Ltd said Wednesday that it has further intersected high-grade polymetallic and copper - silver mineralisation at BKZ prospect located in Indonesia, in line with expectations.

The company said recent infill drill intersected broad intervals of high grade massive sulphide mineralisation in the upper polymetallic zone, including 42.0 meters at 6.9% zinc, 2.8% lead and 31 grammes per ton silver and 10.0m at 16.5% Zn, 8.2% Pb and 65g/t Ag

Assay results confirm up to 23.2% Lead, 16.7% Zinc and 61g/t silver over one-metre sample intervals in the polymetallic zone and up to 4.6% copper over one-metre sample intervals in the interpreted "Feeder Structure" in the Lower Zone, the company said.

Asiamet expects a maiden resource estimate for both mineralised domains at the BKZ deposit to be completed in May.

Shares in the exploration company were down 2.4% at 11.71 pence.

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