PT STM successfully completes sub-2000m drill hole using helicopter-mounted drill rig
Sumbawa, June 2023: PT Sumbawa Timur Mining (STM), which is currently conducting mineral exploration in the Hu’u area, Dompu Regency, announced that it has reached a record drilling depth. The drilling process, which took 3.5 months, successfully reached a depth of 2,050 meters on March 19, 2023. This is an important milestone in PT STM’s exploration activities.
PT STM’s President Director, Bede Evans shared one of the challenges, “PT STM is one of a small number of operators using the Indodrill ID2000 rig, a versatile and robust drilling rig that can be used in remote locations and challenging topographic and downhole conditions.”
PT STM’s exploration drilling is supported by PT Indodrill, a member of The Global Drilling and Exploration Group (GDE Group) which provides high quality drilling services to the minerals, energy, civil, environmental and agricultural industries.
Operations Manager of PT Indodrill Indonesia, Matt Glossop, said, “This is the second sub-2000 meter drill hole we have successfully completed at the Hu’u Project and we will continue to work with PT STM to continue their deep hole drilling program.”
PT STM Exploration Manager, Galih Perdana said, “This is the deepest hole at the Hu’u Project optimized to obtain rock characterization data for geological and engineering studies. Core samples from this deep borehole will provide important data that will allow us to understand the rock characterization data for geological and engineering studies.
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About PT Sumbawa Timur Mining – PT STM
PT Sumbawa Timur Mining (STM) is a joint venture between Eastern Star Resources Pty Ltd (80%), a 100% owned subsidiary of Vale SA, and PT Antam Tbk (20%). Established in 1998, STM is the owner of the 7th generation Hu’u Project Contract of Work (CoW) and Geothermal Preliminary Survey and Exploration Assignment in Hu’u District, Dompu Regency, West Nusa Tenggara Province, Indonesia. The Contract of Work area covers 19,260 hectares in Dompu Regency and Bima Regency. Currently, PT STM is conducting mineral exploration activities to realize its vision of becoming a world-class copper mine powered by renewable energy.
For further information, please contact Sumbawa Timur Mining Team
