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20250109_AMMN_Laporan Bulanan Aktivitas Eksplorasi_31844215_lamp2.pdf
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AMMAN amman.co.id Exploration Report - Guarter 4 2024 Introduction During the period "t October to 31" December 2024 (A4 2024), PT Amman Mineral Nusa Tenggara (“PT AMNT”), a subsidiary of PT Amman Mineral Internasional Tbk (“PT AMI"), carried out exploration activities on IUPK Blocks I, II III located in Sumbawa, Indonesia (Figure 1). There was no field exploration within Block IV, Lampui. Total exploration expenditure for 04 2024 was approximately USD $ 6.13 M. Lombok Kayangan Port |. Mataram Sumbawa D3 Lembar Port 4 Lombok inti Airport Na Role DT Portl? v . L Lunyuk, te) »s LL 30 N A Pola $ INDONESIA : Sumbawa AMNT Asset Jakarta. : 8 IUPK PTAMNT Batu Hijau Mine Operation an 1 ProjectArea — @ Elang Cu-Au Project Figure 1. PT AMNT IUPK blocks, Sumbawa, Indonesia. PT AMMAN MINERAL INTERNASIONAL TBK MENARA KARYA 6TH LEVEL, JALAN H.R. RASUNA SAID BLOK X-5 KAV. 1-2 JAKARTA, INDONESIA 12950 T 4622157994600 F. 462 215296 4136 ANNN
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AMMAN ANNNAN Batu Hijau Block | Expenditure: e In pit resource drilling program costs, including core sample assay costs, amounted to approximately USD $ 0.58 M. Work areas: e Batu Hijau Cu-Au mine. Exploration parties: e Manager (Resource drilling) - AMNT Mine Technical Service (MTS). e Drilling contractor - PT Minera Nusa Drillindo (PT MND). e Assay laboratory - Intertek Utama Service (Intertek). e Umpire assay laboratory - PT Geoservices. Assessment methods: e Diamond drilling (7 rigs). Objectives: e The aims of the on-going drill program are to increase the confidence level of the ore reserve in phase-8 and the mineral resource classifications below the Batu Hijau Phase-8 pit design. Exploration Results: e 9 drill holes completed, totaling 1,470.9 m (Figure 2). e Core samples submitted to the assay lab amounted to 1,264. Forward Plan: e Review drilling results & update the Batu Hijau Mineral Resource Estimate (MRE) e Detailed geological mapping at West Nangka. amman.co.id PT AMMAN MINERAL INTERNASIONAL TBK MENARA KARYA 6TH LEVEL, JALAN H.R. RASUNA SAID BLOK X-5 KAV. 1-2 JAKARTA, INDONESIA 12950 T 4622157994600 F. 462 215296 4136 2
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AMMAN | ANNN NN 487000 E AMMAN gi 2 S S 5 S kel & O Completed Drilling A4-2024 Phase 8 Boundary Figure 2. Batu Hijau Block | 04 2024 - In Pit Drill Collar Locations. amman.co.id PT AMMAN MINERAL INTERNASIONAL TBK MENARA KARYA 6TH LEVEL, JALAN H.R. RASUNA SAID BLOK X-5 KAV. 1-2 JAKARTA, INDONESIA 12950 T 462215799 4600 F. 462 215296 4136 3
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AMMAN ANNNAN Elang Block II Expenditure: e Exploration activities included drilling and geological mapping. Costs were circa USD $5.3M. Work Areas: e Elang Cu-Au Project. Exploration Parties: » Manager - AMNT Exploration. e Drilling contractor - PT Minera Nusa Drillindo (PT MND). e Assay Laboratory (drill core, rock) - Intertek Utama Service (ITS). Assessment Methods: e Diamond drilling (10 rigs). » Geological mapping (including rock sampling). # Alteration analyses using an ASD TerraSpec 4 Mineral Spectrometer. Objectives: e# Geotechnical, hydrogeological and metallurgical drilling programs are supporting the Elang DFS study. New geotechnical and hydrogeological data will be used to guide the final Elang pit designs. New metallurgical data is for Elang South only. e Resource development drilling continued at the Elang Cu-Au deposit (Figure 4). The purpose of this infill program was to explore information gaps, improve the geological model and to increase the confidence level of mineral resource classifications within the latest Elang pit design. e Detailed geological mapping and ASD alteration mapping at Gerbang East is testing for Cu-Au porphyry mineralisation indicators within a lithocap (Figure 4). Exploration Results: e Elang Cu-Au project diamond drilling (24 holes for 14,139.2 m): o Geotechnical & hydrogeological - 4 holes (517.10 m) completed, Oo Metallurgical - 1 hole (352.3 m) completed but failed to reach target, o Resource infill & exploration - 22 holes (13,269.80 m) completed or in progress, e Core samples submitted to the assay lab amounted to 5,798. Forward Plan: e Update the Elang Mineral Resource Estimate (MRE), » Elang deposit drilling (exploration, resource development & metallurgical), using 3 to 4 rigs, is planned. amman.co.id PT AMMAN MINERAL INTERNASIONAL TBK MENARA KARYA 6TH LEVEL, JALAN H.R. RASUNA SAID BLOK X-5 KAV. 1-2 JAKARTA, INDONESIA 12950 T 4622157994600 F. 462 215296 4136 4
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AMMAN ANNN — IUPKPTAMNT | — z AMAN | ai 8 2 ag : ALMA |, ik ai F -3i AMMAN 4 1 5 5 7 s f 2 Y 8 | | | 2 — Ice z 9 s 4 2 s7 h 8 5 L z s tj 8- 8 n | | 3 s 8- 8 Fi S | ) $ | 2 | — 1 | | . z | s s / | / $ 8| 4 | & z | 1 ( 3 | pe | N ( » In Progress Drilling @4-2024 2 | ? Completed Drilling A4-2024 (Resource) || - 8 » Completed Drilling A4-2024 (Metallurgy) |/S g | » Completed Drilling @4-2024 (Hydrology) | 8 JJ | i 4 tKmu | "Previous Holes 2 E J £ Mapping Area @4-2024 538000 E 540000 E 542000 | | 544000 E Figure 4. Elang Block II A4 2024 - Exploration Locations. PT AMMAN MINERAL INTERNASIONAL TBK MENARA KARYA 6TH LEVEL, JALAN H.R. RASUNA SAID BLOK X-5 KAV. 1-2 JAKARTA, INDONESIA 12950 T 162215799 4600 F. 462 215296 4136
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AMMAN amman.co.id Rinti Block III Expenditure: ANNN e# Geological mapping costs, including rock and soil assay costs, amounted to approximately USD $ 252.4 K. Work Areas: e Rinti Cu-Au Project. Exploration Parties: » Manager - AMNT Exploration. # Assay Laboratory - Intertek Utama Service (ITS). Assessment Method: » Geological mapping (including rock sampling). e Ridge spur soil sampling. Objectives: e Detailed geological mapping was carried out over an Induced Polarisation (IP) chargeability anomaly in the SW portion of the Rinti Block and the Sane South area (Figure 5). # Mapping found lithocaps in the South Sane area. Ridge and spur soil sampling ensued. Cu-Au-Mo geochemistry will be used to assess the potential for mineralized porphyries below the lithocaps. Exploration Results: » Geological mapping program - 60 rock samples were submitted to the lab. e Soil sampling program - 81 samples were submitted to the lab. Forward Plan: e# Reviewof exploration results. PT AMMAN MINERAL INTERNASIONAL TBK MENARA KARYA 6TH LEVEL, JALAN H.R. RASUNA SAID BLOK X-5 KAV. 1-2 JAKARTA, INDONESIA 12950 T 4622157994600 F. 462 215296 4136
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AMMAN ANNN T 564000 E T 566000 E 562000 E NN AMMAN IUPK PT AMNT o L S5 8| Xx Oo z g - 2 N p 8 N 20 14 Z1 - L ne S- K.E Hpairi Camp s . 8 N EL IEEE Ouartz Vein TN Vuggy Guartz 1 Hydrothermal Breccia » Completed Soil Sampling A4-2024 (EA Argillic Alteration sg - Previous Holes (ES aavance Argillic Alteration $ 114//Mapping Area @4-2024 (KS Phyilic Aiteration £ (5 MoisTEM Resistivity at depth 100m (MMI Silica Alteration E E Figure 5. Rinti Block III A4 2024 - Exploration mapping area. PT AMMAN MINERAL INTERNASIONAL TBK MENARA KARYA 6TH LEVEL, JALAN H.R. RASUNA SAID BLOK X-5 KAV. 1-2 JAKARTA, INDONESIA 12950 IL 462215799 4600 F. 462 215296 4136 7
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AMMAN ANNNAN Lampui Block IV No field work or costs incurred in A4 2024. Forward Plan: e A Cu-Au target, defined by 2024 exploration, will be drill tested (1 rig). amman.co.id PT AMMAN MINERAL INTERNASIONAL TBK MENARA KARYA 6TH LEVEL, JALAN H.R. RASUNA SAID BLOK X-5 KAV. 1-2 JAKARTA, INDONESIA 12950 T 4622157994600 F. 462 215296 4136 8
Names mentioned 8 people and organisations named in the text · linked when the evidence is strong
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PT Amman Mineral Nusa Tenggara
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PT AMNT
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unresolved
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PT AMI
p.1
unresolved
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PT AMNT IUPK
p.1
unresolved
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PT Minera Nusa Drillindo
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unresolved
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PT MND
p.2 ×2
unresolved
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PT Geoservices. Assessment
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