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Cibalium Project
Cibalium
Country
Indonesia
Status
PRODUCTION
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Valuation
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Risk and valuation analysis of the Cibalium Project
Status Risk : Production
Country Risk : Very High
Resource Risk : 10.00%
In situ value
567,396,988 $
Title(s) of the Cibalium Project
Antam Tbk
Owner: 100%
Title
Company Profile
All Projects
Company website
Company project page
History of the Cibalium Project
Antam's Cibaliung underground gold mine in Banten on Java island started commercial operations on May 25 2010.
Reserves and resources of the Cibalium Project
Tonnage
Grade
Reserves and resources
Gold
Gold
oz
oz
Historical
411 530
Total
Definitions
Reserves and resources of the Cibalium Project
Metal
Resources
Unit
In situ value
Historic or estimated resource
Gold
411 530
oz
567 182 992 US$
Important:
Historic or Estimated Resources have not been independently verified and cannot be relied on for economic purposes.
Production Objectives
Metal
2013
2014
2015
2016
2017
GOLD (oz)
64,000
64,000
64,000
64,000
64,000
Exploration and drilling
5/26/2010
CIBALIUNG GOLD MINE BEGINS TO OPERATE
5/26/2010
Antam expects to produce 3 tonnes of gold in 2010
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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