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Kalimantan Gold Corporation Limited

09:45 AM EST - Kalimantan Gold Corporation Limited : announced that the initial program of metallurgical characterization tests being undertaken to assess the potential for using heap leach processing technology to produce copper metal from its Beruang Kanan Main deposit in Central Kalimantan, Indonesia, has generated promising initial results. Approximately 25% of global copper supply is produced using the heap leach, solvent extraction and electrowinning process and the opportunity to apply this extensively proven technology to produce copper metal in Indonesia is particularly relevant given in-country processing of ores is a high priority for the government. Kalimantan Gold Corporation Limited
shares V.KLG are trading unchanged at $0.03.