PT Amman Mineral Internasional Tbk (AMMN) reported that it had carried out exploration activities during the period from January 1 to March 31, 2025 (Q1 2025) located in the IUPK Block II Elang in Sumbawa, spending USD 3.59 million.
Vemmy Febrianti, Corporate Secretary of AMMN, in a written statement submitted to the IDX on Thursday (10/44), revealed that exploration activities were carried out by PT Amman Mineral Nusa Tenggara (PT AMNT), a subsidiary of AMMN, carrying out exploration activities in four Blocks II - Elang using the 4-rig core drilling method & rock core sample analysis from Elang.
Meanwhile, Block I - Batu Hijau, Block III - Rinti and Block IV - Lampui have no exploration activities. In Block Elang, geological mapping & alteration mapping were carried out using ASD tools in East Sebu and this exploration resulted in resource drilling = 7 drill holes including those that have been completed or are still in progress (2,449.4 m); East Gate - Exploration drilling = 2 drill holes including those that have been completed or are still in progress (1,828.9 m).
Meanwhile, in East Sebu, exploration drilling resulted in 1 completed drill hole (984.1 m) and a total of 4,013 rock core samples were sent to the lab.
Vemmy added that the next plan is to continue resource drilling in Elang (1 rig) and continue exploration drilling in Gerbang Timur (1 rig) as well as IP geophysical surveys (19.65 km) in Sebu Timur & Elang Timur Laut.
