December 27, 2014 7:37 PM ET

Metals and Mining

Company Overview of PT Kalimantan Surya Kencana

Company Overview

PT Kalimantan Surya Kencana engages in gold and copper exploration and mining. The company is based in Palangkaraya, Indonesia. PT Kalimantan Surya Kencana operates as a subsidiary of Kalimantan Gold Corp. Ltd.

Jl Teuku Umar 32A

Palangkaraya,  73112

Indonesia

Phone:

62 53 63 230 632

Fax:

62 53 63 229 187

Key Executives for PT Kalimantan Surya Kencana

Chief Executive officer of Kalimantan Gold Corporation Limited
Compensation as of Fiscal Year 2014.

PT Kalimantan Surya Kencana Key Developments

PT Kalimantan Surya Kencana Receives Further Extension of the Forestry Permit for its Sixth Generation Contract of Work

Kalimantan Gold Corporation Limited Kalimantan Gold Corporation Limited announced that it has been granted a further extension of the Forestry Permit for its PT Kalimantan Surya Kencana (KSK) sixth generation contract of Work. (CoW). The Forestry Borrow to Use extension now covers all the priority areas sought when the application was made in autumn 2012 including the Tumbang Huoi, Baroi and Mansur prospects, which are historically three of the most prospective exploration targets within the Co. Fieldwork and mobilization of equipment will commence immediately on all of the newly permitted prospect areas. The company has received formal confirmation from the Ministry of Mines approving the KSK 2013 exploration and work program. The deep drilling program has been completed at Focus One and drill pads are now being prepared at the gold-rich Mamuring Prospect. The second deep rig is drilling hole BKD04-01 at South Beruang Kanan. Two shallow holes have been completed at Rinjen and a third hole is commencing. Shallow drilling to 300m is underway at Beruang Kanan on drill hole BK051-01.

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