Investor Presentaiton
Exploration Updates
Throughout the first six months of 2022, Archi continued doing exploration activities, both in the Eastern and Western
Corridor, in order to discover new Mineral Resources and Ore Reserves.
Exploration activities carried out by the Company, through its subsidiaries PT MSM
and PT TTN, for the year were focused on increasing the potential additional
discoveries of the current open pit operations in the Eastern Corridor area and gold
resource drillings in Western Corridor area.
During the period, the Company had undertaken a total of 36 Diamond Drill ("DD”)
holes, represents almost 8,754 drilling meters, with the total cost for exploration
activities carried out amounted to US$2.5 mn.
There were several significant exploration results in the Western Corridor which are
suitable for future underground project.
@8.0m, Au 17.8 g/t and Ag 17.9 g/t, including @2.1m, Au 45.6 g/t and Ag 29.7 g/t.
@14.9m, Au 9.55 g/t and Ag 7.1 g/t, including @2.4m, Au 46.6 g/t and Ag 33.6 g/t.
@5.4m, Au 2.9 g/t and Ag 3.1 g/t, including @1.9m, Au 6.2 g/t and Ag 5.5 g/t.
The initial exploration drilling of geothermal project has been
carried out in July 2022 (Archi in collaboration with PT Ormat
Geothermal Indonesia)
Chase ViẬT, LOHN: Bu
Source: Company Information
BIMA
DM Au Grade
4.1.49
1.00 MZR
ARJUNA
Pyroclastic unit
DD22TAL0106
4.60 m @ 0.64 g/t Au, From 122.0 mdh
DD22TAL0186: 14.90 m 9.55 g Au, From 142.50 mdh
out
PT.TTN
Wecoo Project
DH Scotions DD2ZTAL0186
Arjuna Vein
Looking North West
6.00 o 10.00
1888
Soole
1.1:900
20m
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