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Awak Mas Gold Project Indonesia Nusantara

Unlike One Asia’s other big gold asset in Indonesia, the Pani project, Awak Mas is free of ownership disputes thanks to Nusantara’s 100 per cent ownership of the contract of work covering the project. Given that, and Awak Mas’ size and near-term development status, it is something of a sleeping beauty in the regional gold space.

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Ivanhoe Neighbour Nzuri Goes Hunting For A Copper

Unlike One Asia’s other big gold asset in Indonesia, the Pani project, Awak Mas is free of ownership disputes thanks to Nusantara’s 100 per cent ownership of the contract of work covering the project. Given that, and Awak Mas’ size and near-term development status, it is something of a sleeping beauty in the regional gold space.

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Nusantara Unveils Significant Increase In Awak Mas Gold ...

Nusantara unveils significant increase in Awak Mas gold project ore reserves Tuesday, June 16 2020 - 09:34AM WIB By Romel S Gurky ASX-listed gold development company Nusantara Resources Limited which owns the Awak Mas ...

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Nusantara Indika Sign Term Sheet For Awak Mas Gold Project

Nusantara, Indika sign term sheet for Awak Mas gold project Monday, December 9 2019 - 10:38AM WIB By Romel S Gurky nbsp ASX-listed Nusantara Resources Limited …

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Nusantara Unveils Promising Gold Exploration Results

Dec 19, 2018· Asia‐Pacific gold development company, Nusantara Resources (), has released promising trench samples from near mine exploration at its Awak Mas Gold Project, located in South Sulawesi, Indonesia.Awak Mas is one of just a few undeveloped gold projects within the Asia-Pacific region, and has a 1.1 million ounce Ore Reserve and a 2 million ounce Mineral Resource.

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The Asia Miner

Oct 11, 2017· Metallurgical testwork for Nusantara Resources' Awak Mas Gold Project in South Sulawesi, Indonesia, has demonstrated improved metallurgical recoveries. The Whole of Ore leach tests have returned gold recoveries ranging from 92% to 98% compared to the 85% to 91% recoveries in the previous flotation-leach tests.

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Ore Reserve Increased By 11% To 1.1 Moz Gold

Sep 13, 2018· owned Awak Mas Gold Project located in South Sulawesi, Indonesia. The Awak Mas Gold Project Probable Reserve at 0.5 g/t Au cut-off using a US$1250/oz gold price is 26.9 Mt at 1.32 g/t Au for 1.14M contained ounces. The Ore Reserve estimate (Table 1) is based on the Mineral Resource estimate reported for the Awak Mas and Salu Bulo deposits in ...

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Nusantara Resources Advancing Towards Low

Nusantara Resources Ltd (ASX:NUS) managing director Mike Spreadborough speaks to Proactive Investors about the gold developer’s Awak Mas Gold Project in Indonesia.

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Awak Mas To Deliver More Ounces

The economics of the Awak Mas gold project, in Indonesia, have been significantly improved following an updated to the project’s mineral resource estimate and ore reserve. ASX-listed Nusantara ...

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Nusantara Resources Ltd Will Boost Awak Mas Gold ...

Dec 12, 2018· Nusantara Resources Ltd will use $10.25 million in placement funds to help advance its Awak Mas Gold Project in Indonesia, which hosts a 1.1 million-ounce ore reserve within a 2 …

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Vista Gold Amends Its Net Smelter Return Royalty Agreement ...

Frederick H. Earnest, Vista’s President and CEO, commented, “We are pleased with Nusantara’s efforts to advance the Awak Mas project. As reported by Nusantara in their October 4, 2018 Australian Securities Exchange announcement, the Awak Mas project presently contemplates production of nearly 1.1 million ounces over the 11.25-year life of ...

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Lion To Invest $4.5M In Nusantara Ipo – Awak Mas Gold ...

Jun 16, 2017· Nusantara Resources Limited IPO Lion is pleased to announce it has committed to invest $4.5 million in the Nusantara IPO as part of the demerger of the Awak Mas gold project from One Asia. On 15 June 2017 Nusantara lodged a prospectus (Nusantara

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Nusantara Keeps Up Awak Mas Gold Project Momentum …

Nusantara Resources has awarded the front end engineering and design services (FEED) contract for its Awak Mas gold project, in Indonesia, to PT Petrosea Tbk. The FEED contract is one of three critical path items in 2020, along with tailings storage facility design and permitting, and land access, and forms part of a $30 million capital works ...

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Nusantara Eyeing Potential Gold Upgrade In Indonesia The ...

In the Awak Mas definitive feasibility study released last year, Nusantara estimated that upfront capital costs to develop the project were USD$146m. The study also outlined that an open pit mining operation could produce about 100,000 gold ounces per annum and generate an impressive after-tax cash flow of about AUD$55m, or about AUD$1m a week ...

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Geophysics Survey Set To Start At Awak Mas Gold Project

Oct 06, 2020· Awak Mas Gold project; Awak Mas Nusantara Resources; Indonesia gold mines ; Indonesia gold concession. Sunday, 08 November 2020; Login; Register; Geophysics survey set to start at Awak Mas gold project. Tuesday, October 6 2020 - 11:25AM WIB

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Nusantara Eyeing Potential Gold Upgrade In Indonesia ...

Indonesia focussed gold developer, Nusantara Resources, has increased its confidence in the potential for a grade uplift to be realised once its Awak Mas gold project on the island of Sulawesi, Indonesia, is in production. This follows the receipt of very positive results from an exploration benching program carried out to map and sample the exposed high-grade vertical vein structures within ...

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Nusantara Gains Right To Buy Back Indo Gold Royalty ...

Indonesia-focussed gold developer, Nusantara Resources, has had a significant win at its emerging Awak Mas gold project, securing the right to fully extinguish the third-party royalty arrangements over future gold production from its operation on Sulawesi Island. Back in December 2013, the company entered into an arrangement with Vista Gold Corporation, whereby Nusantara agreed to grant Vista ...

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Nusantara Sharpens Focus For Indonesian Gold Project ...

Gold developer Nusantara Resources has reset the clock on its 2 million-ounce Awak Mas gold project on the island of Sulawesi in Indonesia, forging closer ties with strategic partner Indika Energy and appointing Greg Foulis as its Executive Chairman.. The company has now relocated its Jakarta office to Indika’s nearby premises following ongoing positive dialogue with Indika and engagement ...

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Nusantara Sharpens Focus For Indonesian Gold Project The ...

Gold developer Nusantara Resources has reset the clock on its 2 million-ounce Awak Mas gold project on the island of Sulawesi in Indonesia, forging closer ties with strategic partner Indika Energy and appointing Greg Foulis as its Executive Chairman.

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Is Nusantara Indonesia’S Asx Golden Child?

Nov 07, 2018· For Nusantara, that opportunity comes in the form of its 100% owned Awak Mas Gold Project located in South Sulawesi, Indonesia. Nusantara recently completed its Definitive Feasibility Study (DFS) for the project. Awak Mas is one of just a few undeveloped gold projects within the Asia-Pacific region, and has an ore Reserve of 1.1 million ounces ...

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Upbeat Dfs Points To Long Life Gold Mine

Earlier this year, Nusantara Resources reached a critical milestone, posting a maiden Ore Reserve for its flagship project in Indonesia’s South Sulawesi province — Awak Mas Gold Project — of over one million ounces.Here’s NUS Managing Director, Mike Spreadborough discussing highlights of the company’s June 2018 quarter update:

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