MDKA – Spent IDR129.9 bn on exploration in 6M24

MDKA – Spent IDR129.9 bn on exploration in 6M24 Merdeka Copper Gold (MDKA) spent IDR129.9 bn on exploration in 6M24 focusing on 3 areas; a) spent around IDR86.9 bn for Tujuh Bukit (copper gold and silver gold), b) IDR15.3 bn for Pulau Water (copper), and c) IDR27.7 bn for Pani (gold). The exploration results in Tujuh Bukit are 1 reserve circulation rig and 6 diamond drill rigs with a total of 24,975.9 m. Meanwhile, exploration on Water Island is 4 core drill holes 902.6 m deep, 3 drill holes in Kali Kuning Selatan 667 m deep and 1 hole in Kali Kuning Barat 235.6 m deep. Lastly, the results of Pani's exploration are 57 boreholes for 3,747.1 m. (Source : Emiten News)