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Asiamet Resources ( (GB:ARS) ) has provided an update.
Asiamet Resources Limited has announced progress on its limestone resource drilling program at the Rinjen prospect, which is crucial for its BKM Copper project in Indonesia. The drilling, which is halfway complete, has confirmed high-quality limestone, essential for reducing operating costs by avoiding imports. This initiative is part of a broader optimization strategy aimed at enhancing the economic model of the BKM project and attracting strategic investors.
More about Asiamet Resources
Asiamet Resources Limited is a company operating in the mining industry, primarily focused on copper production. The company is engaged in the development of its BKM Copper heap leach project located in Central Kalimantan, Indonesia, and is actively working on optimizing its operations through resource drilling and other initiatives.
Average Trading Volume: 1,540,612
Technical Sentiment Signal: Buy
Current Market Cap: £31.33M
Find detailed analytics on ARS stock on TipRanks’ Stock Analysis page.