[ferro-alloys.com]PT ANTAM Tbk (ASX – ATM; IDX – ANTM; ANTAM) is pleased to announce its exploration report for February 2018 in accordance with the Indonesia Stock Exchange listing rules. ANTAM’s exploration activities were focused on gold and nickel in February 2018, with total preliminary cost of Rp895.69 million.

GOLD

In February 2018 ANTAM conducted gold exploration activities in Pongkor, West Java and inspection of prospective area. In Pongkor, ANTAM conducted geological mapping, rock sampling, geological evaluating and geological model. Total gold exploration cost in February 2018 reached Rp180.87 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 February 2018 reached Rp714.82 million (unaudited preliminary figure).

• [Editor:王可]