[ferro-alloys.com]ANTAM’s total exploration cost in April 2018 totalled to Rp1.61 billion (unaudited preliminary figure), focusing on gold, nickel and bauxite.

PT Aneka Tambang Tbk (ANTAM; IDX: ANTM; ASX: ATM) is pleased to announce its exploration report for April 2018 in accordance with the Indonesia Stock Exchange listing rules.

ANTAM’s exploration activities were focused on gold, nickel and bauxite in April 2018, with total preliminary cost of Rp1.61 billion.

GOLD

In April 2018 ANTAM conducted gold exploration activities in Pongkor, West Java and inspection of prospective area. In Pongkor, ANTAM conducted geological mapping,

geological evaluating, geological model and area drilling preparation. Total gold exploration cost in April 2018 reached Rp588.79 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, single drilling, grid measurement, preparation and sample laboratory analysis. Total nickel exploration cost in April 2018 reached Rp969.72 million (unaudited preliminary figure)

BAUXITE

For bauxite, in April 2018 ANTAM focused on preparing exploration work plan and strategy with total expenditure amounting to Rp53.96 million. 

• [Editor:王可]