Gunung Pani Data
Awak Mas gold confirmed as epithermal 2016-09-14
A geological review at One Asia Resources’ Awak Mas Gold Project in Indonesia has confirmed that the gold mineralisation has an epithermal origin. While this is not expected to change the existing resource, it will guide brownfields expansion potential and adds the potential for new regional targets.
Improved economics in new Awak Mas study 2016-05-19
An updated prefeasibility study (PFS) for One Asia Resources’ Awak Mas Gold Project in Indonesia shows improved economics for the main deposit and two satellite deposits. There have been material improvements in capex, cash cost and net present value (NPV).
Gunung Pani Information
General 2015-05-10A feasibility study is being carried out and the company is also awaiting operational permits. KUD will control 51% of the subsidiary's shares, while One Asia will own 49%. Previous work on the property indicates that the Pani property contains significant resources of gold. Metallurgical test-work undertaken by BHP indicated that gold recovery through heap leach testing ranges from 94% to 98%. Previous work of 45 drill holes (including BHP) contour trenches and adit sampling - completed database acquired and modeled. Previous scoping studies have indicated a gold operation at Pani will have excellent economics using low cost heap leach process to recover gold.