Freeport's copper deposit

Freeport's copper deposit

JAKARTA (JP): PT Freeport Indonesia, a major copper producer
in the world, has announced the discovery of new copper deposits
in Kucing Liar Amole, Timika district.

According to Antara, the discovery of the Kucing Liar Amole
copper deposits is the most important one in the company's
mineral explorations in Irian Jaya so far.

The quantity of the copper ore is however still unknown which
can only be determined by additional drillings.

If estimates are true, the copper and gold deposits in the
Kucing Liar Amole area are bigger that what have been discovered
so far since PT Freeport started operations in Irian Jaya 25
years ago.

Exploration in the Kucing Liar Amole area is at present
carried out by 13 geologists using 12 drilling derricks equipped
with diamond bits, the press release said.