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No. 055/GEMS-CS/VII/2023                                                                            Jakarta, 10 Juli/July 2023

Kepada Yth.:
Direksi PT Bursa Efek Indonesia
Gedung Bursa Efek Indonesia Tower I
Jln. Jend. Sudirman Kav 52-53
Jakarta 10190

U.p. : : Ibu Vera Florida (Kepala Divisi Penilaian Perusahaan 2) /
        Head of Corporate Valuation Division 2)

Perihal : Laporan Aktivitas Eksplorasi periode Q2 2023              Subject : Exploration Activity Q2 2023 Report

Dengan hormat,                                                      Sincerely,

Sehubungan dengan Peraturan PT Bursa Efek Indonesia                 In accordance to Indonesia Stock Exchange Regulation
Nomor I-E tanggal 31 Desember 2022 tentang Kewajiban                No. I-E dated 31 Desember 2022 concerning
Penyampaian Informasi, maka dengan ini kami                         Information Submission Obligation, we hereby submit
sampaikan Laporan Aktivitas Eksplorasi Pertambangan                 the Exploration Activity for the period of Q2 2023 of the
periode Q2 2023 di lingkungan anak-anak Perusahaan                  Company’s subsidiaries as attached.
PT Golden Energy Mines Tbk (“Perseroan”) sebagaimana
terlampir.

Dalam      hal     terdapat  perbedaan penafsiran                   In the event there is any difference of
informasi yang diumumkan dalam Bahasa Inggris dan                   interpreting the information notified in English
Bahasa Indonesia, maka informasi yang digunakan                     language and Indonesian language, the Indonesian
sebagai acuan adalah informasi dalam Bahasa                         language shall prevail.
Indonesia.

Demikian kami sampaikan. Atas perhatiannya kami Thank you for your attention and co-operation.
ucapkan terima kasih.

Hormat kami/Sincerely yours,
PT Golden Energy Mines Tbk




Sudin, SH
Corporate Secretary


Tembusan/Copies :
   - Direksi Perseroan/Board of Directors of the Company.




                                        PT. Golden Energy Mines Tbk.
               Sinar Mas Land Plaza Tower II, 6th Floor Jl. MH. Thamrin No. 51 Kav. 22, Jakarta Pusat 10350
                                   Phone: (62) 21 50186 888 , Fax: (62) 21 3199 0319
                                        Website: www.goldenenergymines.com
Page 2
1. PT Kuansing Inti Makmur (KIM) dan anak perusahaan
   (KIM Blok) / and its subsidiaries (KIM Block)
   Tidak ada kegiatan eksplorasi di area KIM Blok pada There is no exploration activity in the mine area KIM
   periode Q2 2023.                                    Block for the period of Q2 2023.

2. PT Borneo Indobara (“BIB”)                              2.1. Exploration Activity
   2.1. Daerah Eksplorasi                                       Exploration drilling activities include 3 main
        Kegiatan pengeboran eksplorasi meliputi 3 kegiatan      activities, namely preproduction exploration
        utama, yaitu pengeboran eksplorasi preproduksi,         drilling, development exploration drilling, and
        pengeboran eksplorasi pengembangan, dan                 geotechnical drilling.
        pengeboran geoteknik.
        Kegiatan pengeboran preproduksi dilakukan untuk         Preproduction drilling activities are carried out
        melengkapi data pemodelan geologi dan kualitas          to complement geological modeling data and
        batubara pada masing-masing area. Pengeboran            coal quality in each area. Development
        eksplorasi     pengembangan      bertujuan   untuk      exploration drilling aims to obtain lithology and
        mendapatkan data litologi dan kualitas batubara         coal quality data for geological modeling and to
        untuk pembuatan model geologi serta mendukung           support the addition of new coal resources in
        penambahan sumberdaya batubara baru pada area           areas where exploration has never been carried
        yang belum pernah dilakukan kegiatan eksplorasi.        out. Geotechnical drilling activities are carried
        Kegiatan pengeboran geoteknik dilakukan untuk           out to determine the carrying capacity of the soil
        mengetahui daya dukung tanah dan sifat fisik            and the physical properties of the rock in the
        batuan pada area pit penambangan dan disposal           mining area and disposal in the company’s
        serta di area proyek perusahaan.                        project area.
        Kegiatan pengeboran periode Q2 2023 dilakukan           Drilling activities in Q2 2023 were carried out by
        pengeboran eksplorasi preproduksi dan pengeboran        preproduction         exploration  drilling   and
        geoteknik di area Girimulya Utara dan Pasopati.         geotechnical drilling in North Girimulya and
                                                                Pasopati area.

  2.2. Metode Pengeboran                                  2.2. Drilling Methods
       Pada periode Q2 2023, pengeboran eksplorasi             For the period of Q2 2023, preproduction
       preproduksi     dan    eksplorasi   pengembangan        exploration drilling and development exploration
       dilakukan dengan menggunakan open hole dan part         was carried out using open holes and part coring,
       coring, sedangkan pengeboran geoteknik dengan           while geotechnical drilling was carried out using
       menggunakan metode SPT, open hole dan full coring       the SPT, open hole and full coring methods to
       untuk pemasangan Piezometer. Kegiatan geofisika         install the Piezometer. Geophysical logging
       logging dilakukan di seluruh lubang bor yang telah      activities are carried out in all drilled holes that
       selesai dilakukan untuk memastikan kedalaman top        have been completed to ensure the depth of the
       dan bottom batubara sehingga ketebalan batubara         top and bottom of the coal so that the thickness
       dapat diketahui lebih akurat dan untuk mengetahui       of the coal can be known more accurately and to
       varian dan karakteristik batuan non batubara            determine the characteristics of non-coal rock
       berdasarkan perekaman gelombang gamma ray dan           based on recording gamma ray waves and
       density.                                                density.

  2.3. Pelaksanaan dan Pengawasan Kegiatan Eksplorasi 2.3. Exploration Activities Progress & Supervision
       Kegiatan pengeboran eksplorasi dan geoteknik        Exploration and geotechnical drilling activities
       dilakukan oleh Departemen Survey, Geotech &         carried out by the Survey, Geotech & Exploration
       Exploration (SGE) BIB.                              (SGE) Department of BIB.




                                           PT. Golden Energy Mines Tbk.
                  Sinar Mas Land Plaza Tower II, 6th Floor Jl. MH. Thamrin No. 51 Kav. 22, Jakarta Pusat 10350
                                      Phone: (62) 21 50186 888 , Fax: (62) 21 3199 0319
                                           Website: www.goldenenergymines.com
Page 3
      Untuk mendukung kegiatan pengeboran eksplorasi                           To support the preproduction exploration drilling
      preproduksi dan eksplorasi pengembangan berupa                           and development exploration activities such as
      pengeboran open hole dan coring digunakan 2 unit                         open hole and coring geotechnical drilling, 2
      rig inhouse yaitu 1 unit tipe Jacro 175 dan 1 unit rig                   units which consist of 1 unit Jacro 175 type
      tipe Jacro 500. Untuk pengeboran geoteknik dengan                        inhouse rig and 1 unit Jacro 500 type were used.
      metode SPT digunakan 1 unit rig tipe Jacro 200.                          The geotechnical drilling with SPT method was
      Seluruh unit rig dioperasikan oleh drilling operator                     used 1 unit of Jacro 200 type. All rig units were
      BIB. Kegiatan geofisika logging dilakukan oleh PT                        operated by BIB drilling operator. Geophysical
      Surtech Indonesia yang mengoperasikan 1 unit alat                        logging activities were carried out by PT Surtech
      logging.                                                                 Indonesia, which operated 1 unit of Geophysical
                                                                               logging.
      Seluruh kegiatan pengeboran disupervisi langsung                         All drilling activities are directly supervised by
      oleh Wellsite Geologist, Departemen SGE dan                              the Wellsite Geologist, SGE Department and
      Evaluator Geologist Departemen Strategic, Plan &                         Geologist Evaluator, Strategic, Plan &
      Optimization (SPO), seluruhnya dibawah Divisi Mine                       Optimization (SPO) Department, all under the
      Development & Contract Management (MDC) BIB.                             Mine Development & Contract Management
                                                                               (MDC) Division of BIB.

 2.4. Kemajuan Eksplorasi                                 2.4. Exploration Progress
      Kegiatan pengeboran eksplorasi selama periode Q2         Drilling exploration for the period of Q2 2023 are
      2023 adalah sebagai berikut :                            as follows :
                   Tabel 1.1. Kemajuan Pengeboran Ekplorasi dan Geoteknik periode Q2 2023/
                       Progress in Exploration and Geotechnical Drilling Period of Q2 2023
                       Lubang Geoteknik (m) /                              Lubang Eksplorasi (m) /
                       Geotech Drilling                                    Exploration Drilling
                       Jumlah Total kedalaman (m) /                        Jumlah Total kedalaman (m) /
Lokasi
                       lubang Total Depth                                  lubang Total Depth
Location
                       /                                                   /
                       Total   Drilling       Logging                      Total    Drilling       Logging
                       Holes                                               Holes
Girimulya Utara            2              52                   -             55               2.522                5.432

Pasopati Selatan           3              61                  61             1                  74                  63




 2.5. Biaya Eksplorasi                              2.5. Drilling Cost
      Untuk biaya eksplorasi selama periode Q2 2023      The exploration costs for the period of Q2 2023
      adalah sebagai berikut :                           are as follows :

                   Tabel 1.2. Biaya Pengeboran Eksplorasi dan Geoteknik RIG Inhouse periode Q2 2023 /
                            Exploration and Geotechnial Drilling Cost for the period of Q2 2023
                                                                        Year to Date
                     Operating Expense
                                                     Anggaran / Plan (Rp)   Realisasi / Realisation (Rp)
             Biaya Pengeboran /
                                                     Rp3.972.043.445,-            Rp2.711.549.055,-
             Drilling Cost




                                             PT. Golden Energy Mines Tbk.
                    Sinar Mas Land Plaza Tower II, 6th Floor Jl. MH. Thamrin No. 51 Kav. 22, Jakarta Pusat 10350
                                        Phone: (62) 21 50186 888 , Fax: (62) 21 3199 0319
                                             Website: www.goldenenergymines.com
Page 4
3. PT Trisula Kencana Sakti (TKS)
   Tidak ada kegiatan eksplorasi di area TKS pada periode There is no exploration activity in the mine area TKS
   Q2 2023.                                               for the period of Q2 2023.

4. PT Berkat Satria Abadi (BSA) dan PT Wahana Rimba
   Lestari (WRL)
   Tidak ada kegiatan eksplorasi di area BSA dan WRL pada There is no exploration activity in the mine area BSA
   periode Q2 2023.                                       and WRL for the period of Q2 2023.

5. PT Barasentosa Lestari (BSL)
   5.1. Daerah Eksplorasi                                                 5.1. Daerah Eksplorasi
        Kegiatan pengeboran eksplorasi BSL periode Q2                        Drilling activities of BSL on Q2 2023 was
        2023 dilakukan di area Blok Belani dan Blok                          conducted in Block Belani and Ampalau Block.
        Ampalau. Pengeboran di Blok Belani difokuskan di                     Drilling at Block Belani was focused on the High
        area High Wall Selatan yang berupa lanjutan                          Wall Southern area to continue the drilling infill
        pengeboran infill pada Q1 2023 bertujuan untuk                       on Q1 2023 with aim to cross-check previous
        melakukan crosscheck data-data pengeboran                            drilling data and determine the geological
        sebelumnya dan penentuan struktur geologi seperti                    structure (fault).
        sesar.
        Pengeboran di Blok Ampalau merupakan                                  Drilling in the Ampalau Block is the initial
        pengeboran awal stratigrafi untuk menentukan                          stratigraphic drilling to determine potential coal
        keterdapatan potensi batubara dan serta urutan                        availability and stratigraphic sequence. Type of
        stratigrafi. Tipe pengeboran meliputi pengeboran                      Drilling methode was conduted are touch core
        touch core (open hole dan coring) untuk                               (combination of open holes and coring) for
        mendapatkan data kemenerusan arah dan bidang                          determine of continuity data, quality and coal
        serta data kualitas batubara dan data coal recovery.                  recovery data. Drilling activity on Q2 2023 was
        Pengeboran pada Q2 2023 tidak dilengkapi dengan                       not completed with geophysical logging
        pengukuran geofisika logging.                                         measurements.

  5.2. Metode Pengeboran                                                  5.2. Drilling Method
       Pelaksanaan pengeboran pada Blok Belani                               Drilling activities at Belani Block is carried out
       dilaksanakan dengan memakai sistim grid, dengan                       using a grid system, with 50-100 meter distance
       jarak antara cross line 50-100 m dan jarak antar                      of cross line and 10-75 meter drill hole spacing,
       lubang bor 10-75 m, mengikuti jurus dan                               follow the strike and dip of coal seam with
       kemiringan (down dip) perlapisan batuan hingga                        maximum Depth around 70-90 meter. The
       kedalaman maksimal 70-90 meter. Hal ini bertujuan                     Purpose of grid system and control maximum
       untuk memaksimalkan stripping ratio (SR) dan                          Dept for determine of optimization stripping
       kemenerusan batubara. Rapatnya radius antar titik                     ratio (SR) and continuity of coal. The drill hole
       bor    disebabkan     adanya     indikasi  tingkat                    spacing is relatively close, because drilling area
       kompleksitas geologi yang tinggi pada area                            have high complexity geological condition, such
       pengeboran khususnya adanya struktur geologi                          as structure geology fault with throw more than
       patahan dengan offset (throw) lebih besar dari 20                     20 meter. Beside that there are changed dip of
       meter, bidang perlapisan (dip) yang berubah terjah                    coal seam from 26° to be 88°, strike of coal seam
       dari 26° menjadi 88° dan jurus perlapisan (strike)                    from N 256 E to be N 135 E and fold major
       dari N 256 E menjadi N 135 E dan terdapat pola                        presence at exposed of mining area.
       lipatan pada lapisan batuan yang telah terbuka
       (exposed).




                                            PT. Golden Energy Mines Tbk.
                   Sinar Mas Land Plaza Tower II, 6th Floor Jl. MH. Thamrin No. 51 Kav. 22, Jakarta Pusat 10350
                                       Phone: (62) 21 50186 888 , Fax: (62) 21 3199 0319
                                            Website: www.goldenenergymines.com
Page 5
    Pengeboran pada Blok Ampalau dilakukan dengan                         Drilling in the Ampalau Block was carried out
    2 line stratigrafi di area Timur dan Barat konsesi                    with 2 stratigraphic lines in the East and West
    Ampalau. Adapun jarak antara titik Bor berkisar                       areas of the Ampalau concession. The distance
    antara 80-250 menyesuaikan kondisi kompleksitas                       between drill points ranges from 80-250
    geologi dan potensi keterdapatan batubara sesuai                      according to the conditions of geological
    data awal dari pemetaan.                                              complexity and the potential for coal availability
                                                                          according to initial data from mapping data.
     Pengeboran yang dilakukan yaitu tipe lubang                          Drilling was conducted with touch core or partial
     terbuka (open hole) dan part coring. Unit bor yang                   coring type (combination of open holes and part
     digunakan adalah rig tipe Jacro-200 dengan                           coring. The drill unit used are rigs type Jacro-200
     diameter lubang bor (outside) HQ 4 inch (Ǿ 96                        with 4 inch (96 mm) diameter drill holes
     mm). Pengambilan contoh sample batubara                              (outside) HQ. The purpose of sampling of coal is
     bertujuan untuk dilakukan analisa kualitas                           to analyze the quality of the coal.
     batubara.

5.3. Pelaksanaan dan Pengawasan Kegiatan Eksplorasi                       5.3. Implementation and Supervision of
                                                                               Exploration Activities
    Kegiatan pengeboran BSL periode Q2 2023 pada                          Drilling activities of BSL fot the period of Q2 2023
    blok Belani dilakukan oleh tim eksplorasi dengan 1                    at Block Belani were carried out by the drilling
    unit rig dibawah supervisi Geologist Section                          team with 1 rig under the supervision of the
    Geology dan Geotech, Departemen Mine Planing &                        Geologist Section Geology and Geotech, BSL's
    Technical Service BSL.                                                Mine Planning & Technical Service Department.
    Kegiatan pengeboran dilakukan 1 shift yaitu pagi                      Drilling activities conduct at 1 shift (day shift)
    dengan target kedalaman maksimal meteran per                          with maximum depth target per hole is 90-100
    lubang bor sebesar 90-100 meter dengan total                          meter with total of metarage of drilling depth
    target 600 meter.                                                     amount 600 meter.
    Unit Rig yang digunakan pada kegiatan pengeboran                       Drilling activity used 1 units of Jacro-200. Spec of
    adalah tipe jacro-200, dengan spesifikasi diameter                    rods pipe is 4 inch (96 mm) diameter drill holes
    lubang bor (outside) HQ 4 inch (Ǿ 96 mm). Selain                      (outside) HQ Rods type. Other than Jacro Rig
    unit Rig Jacro juga terdapat unit SPT dengan palu.                    unit, there is also an SPT unit with a hammer.
    Unit rig jacro-200 ini merupakan unit dengan                          Rig Jacro-200 is unit rig medium specification
    spesifikasi tinggi dengan target kedalaman                            with the ability of maximum depth coring 100
    pengeboran coring (touch core hingga 100 meter)                       meters and have a big size unit so needs heavy
    dan ukuran yang cukup besar sehingga diperlukan                       equipment unit like (excavator or Bulldozer) for
    unit alat berat (excavator atau Bulldozer) untuk                      moving to others drill point.
    melakukan perpindahan unit dari titik bor satu ke
    titik bor lainnya.
    Lubang bor yang telah selesai dilakukan                               Drill holes that have been finished then carried
    pengeboran kemudian dilakukan pickup collar                           out by a pickup collar survey by the BSL survey
    survey oleh tim survey BSL yang terdiri dari 1                        team consisting of 1 surveyor coordinator and 2
    koordinator surveyor dan 2 crew survey.                               survey crews.

5.4. Kemajuan Eksplorasi                                                  5.4. Drilling Progress
     Selama periode Q2 2023 kegiatan pengeboran                           On Q2 2023 exploration drilling activities in
     eksplorasi di Blok Belani telah menyelesaikan 1                      Belani Block have completed 1 drill hole and
     lubang bor dan Pengeboran di Blok Ampalau                            drilling activities in Ampalau Block have
     menyelesaikan 7 titik bor. Total kedalaman lubang                    completed 7 drill holes. Total drill hole Depth in
     bor selama periode Q2 2023 adalah 558.60 meter                       Q2 2023 were 558.60 meters as detailed in table
     dengan rincian pada tabel 1.3.                                       1.3.


                                        PT. Golden Energy Mines Tbk.
               Sinar Mas Land Plaza Tower II, 6th Floor Jl. MH. Thamrin No. 51 Kav. 22, Jakarta Pusat 10350
                                   Phone: (62) 21 50186 888 , Fax: (62) 21 3199 0319
                                        Website: www.goldenenergymines.com
Page 6
   Pengeboran dilakukan dengan tipe pengeboran                            Drilling type was conducted drilling with touch
   partial coring dengan tujuan mendapatkan sample                        core or partial coring type (combination of open
   batubara untuk dilakukan uji atau analisa kualitas.                    holes and coring) for take the coal sample for
                                                                          Quality analysis laboratory.
   Aktifitas pengeboran pada Q2 2023 di Blok                              Drilling progress on Q2 2023 in the Ampalau
   Ampalau berjalan lancar.. Selain itu terdapatnya                       Block are running smoothly In addition, the
   efektifitas dan efisien kerja tim pengeboran yang                      effectiveness and efficiency of the work of the
   mengakibatkan pekerjaan pengeboran cukup                               drilling team resulted in quite optimal drilling
   optimal di Q2 2023, sehingga target kedalaman                          work in the Q2 2023, so that the target of drilling
   pengeboran tercapai.                                                   depth was achieved.




   Tabel 1.3 Kemajuan Pengeboran Ekplorasi BSL di blok Belani dan Blon Ampalau Periode Q2 2023 /
      Drilling Exploration Progress of BSL in Belani and Ampalau Block for the period of Q2 2023

                                                          Lubang Eksplorasi (m) /
                                                            Exploration Drilling
    Lokasi /        Jumlah                               Total kedalaman (m) /
    Location        lubang /                             Total Depth
                                                                                                      Total (m)
                    Total                                Coring          Full Coring
                                   Open Holes
                    Holes                                (Infill)        (Geotech)
 Belani      dan
                    8              550,45                8,15                 -                       558,60
 Ampalau


5.5. Biaya Eksplorasi                              5.5. Exploration Cost
     Untuk biaya eksplorasi selama periode Q2 2023      The exploration costs for the period of Q2 2023
     adalah sebagai berikut :                           are as follows :

        Tabel 1.4. Biaya Pengeboran Eksplorasi BSLdi Blok Belani dan Blok Ampalau periode Q2 2023 /
                   Drilling Cost of BSL in Belani and Ampalau Block for the period of Q2 2023


                                                                    Year to Date
                 Operating Expense
                                                  Anggaran / Plan (Rp) Realisasi / Realisation (Rp)
           Biaya Pengeboran BSL/Drilling
                                         Rp. 705.803.079                          Rp. 436.266.374
           Cost BSL




                                        PT. Golden Energy Mines Tbk.
               Sinar Mas Land Plaza Tower II, 6th Floor Jl. MH. Thamrin No. 51 Kav. 22, Jakarta Pusat 10350
                                   Phone: (62) 21 50186 888 , Fax: (62) 21 3199 0319
                                        Website: www.goldenenergymines.com

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