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Southern Arc Minerals Inc V.SA.H

Alternate Symbol(s):  SARMF

Southern Arc Minerals Inc. is a Canada-based investment vehicle considering potential opportunities in all industries. The Company has not generated revenue from its operations.


TSXV:SA.H - Post by User

Bullboard Posts
Post by buyb4its2l82on Jul 15, 2014 8:25pm
168 Views
Post# 22748890

PT Indotan Lombok still being talked about

PT Indotan Lombok still being talked aboutSo Senggigi village Short Gold Miners

July , 2014


ASATUNEWS - Department of Mines and Energy of West Lombok district recorded around 1,700 miners still operating in the area of Senggigi hills to get the gold bearing rocks.

"That number declined considerably compared to conditions in 2009 to reach 10,000-person," said Head of the Department of Mines and Energy (Distamben) Budi Darmajaya West Lombok, West Lombok, West Nusa Tenggara (NTB), Tuesday (15/7).

According to him, a decrease in the amount of ASM was the result of socialization into the villages. "We invite the head several times village, hamlet and miners to be given an understanding of the impact of illegal logging on the environment and human health damage," he said.

Expresses, apart from fostering socialization down, decreasing the number of miners is also expected due to the mineral content of gold in the hills Senggigi is already reduced. However, it can not be known with certainty and the need to do further research.

To that end, it had sent a letter to the central government in order to conduct further research. That way, you will know the potential of metallic mineral deposits in the hills Senggigi than as material information to investors. "We are still waiting for a reply from the associated research center," said favor.

Senggigi district area is located in the southern part of Lobar district. Around 1980 PT Newmont Nusa Tenggara (NNT) exploration in the dry hilly areas, but then followed by PT Indotan. Exploration of the unknown that Senggigi hills containing copper, gold and silver. But then PT Indotan release Senggigi area because the NTB provincial government wants to protect the island of Lombok as a region that is free of large-scale mining industry.

Because it is known to contain gold, Senggigi area then visited the miners of different regions. Potential gold in Senggigi mentioned the potential to reach thousands of tons of silver and about three times as much.

However, to date this potential can not be exploited because of the NTB provincial government official has issued Regulation (Regulation) No. 11 of 2006 on Spatial Planning (Spatial). In Article 38, limits the approval of the regents issued mining on the island of Lombok. | ANT / GAL


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