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Asiamet to “confirm, consolidate and improve upon” PEA numbers, says CEO

Asiamet Resources Limited (LON:ARS, CVE:ARS) has kicked off a 9,000m resource definition drill programme at the Beruang Kanan Main (BKM) copper project in Indonesia, following its positive preliminary economic assessment (PEA).

Asiamet Resources Limited (LON:ARS, CVE:ARS) has kicked off a 9,000m resource definition drill programme at the Beruang Kanan Main (BKM) copper project in Indonesia, following its positive preliminary economic assessment (PEA). Tony Manini, chief executive, tells Proactive Investors the “very positive numbers” from the PEA have given the company the encouragement to push ahead with more detailed studies, which should “confirm, consolidate and improve upon” the initial figures. He says that Asiamet will also be testing the “high potential prospects around BKM” to increase the resource base, which will “feed into a longer mine life when we get up and running”. Overall, Manini notes Asiamet has “continued to deliver on everything that we have promised shareholders and we see ourselves in a very strong position”.