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Triaryani continues to explore three concession areas

22 January 2019 04:00 PM  Company: PT. Golden Eagle Energy Tbk[SMMT]
Rp. 121  -5 (-3.97%)

JAKARTA - PT Triaryani, a subsidiary of PT Golden Eagle Energy Tbk (SMMT) continues to explore in three concession areas, namely Blok Malam I, Blok 2 and Blok Betung, all of which located in South Sulawesi.

Chrismasari Dewi Sudono, Corporate Secretary of PT Golden Eagle Energy Tbk (SMMT) stated that the company continued to explore the three mining fields to get additional data for an optimum geological model. "Besides, the exploration is conducted to update the report source and coal reserve of JORC 2004 to JORC 2012 standard," he said as cited from the company's information disclosure.

The total amount of coal in the area is 406 million ton, while the coal reserve is recorded at 257 million ton. The mining field is located in Desa Beringin Makmur, Musi Rawas Utara, South Sulawesi. (LK/AR)

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PT. Golden Eagle Energy Tbk [SMMT]   Rp. 121   -5 (-3.97%)