Final assay results from infill and expansion drilling completed as part of feasibility studies on the Beruang Kanan Main copper deposit in Central Kalimantan, Indonesia, continue to impress, Asiamet Resources said.
It said infill drilling at the BKM deposit confirmed excellent internal continuity of near surface high grade copper mineralisation at the BK058 Zone.
It said twin drill holes confirmed previously reported high grade and near surface mineralisation at BKM058 Zone and the results had been incorporated into the ongoing feasibility study to refine and potentially improve the project's already favourable economics.
Chief executive Peter Bird said: "The resource infill and expansion drilling completed as part of the BKM Feasibility Study has consistently delivered results that have met or exceeded our expectations.
"The thickness, continuity and grade of copper mineralisation has proven to be very robust and we are expecting a high level of conversion from Inferred Resource to the higher confidence level Measured and Indicated Resources as the updated Resource estimate for BKM is completed shortly.
"The BKM mineralisation remains open in several areas and exploration in the wider BK District remains in its infancy. Asiamet is very excited by the opportunity to begin testing some of these high potential targets in the second half of 2017."