Large Concession Blocks and Easy Access
The Concession Blocks cover an area of 3,078.5 ha, some 200 km south of Jakarta, in Sukabumi Regency of West Java Province. It is easily accessible by road.
Long Term Mining Permit
The operation production mining permit (IUP-OP Izin Usaha Pertambangan – Operasi Produksi) is valid till 7 Sept 2030.
An IDX Listed Company
Wilton Makmur Indonesia Tbk is listed on the Development Board (Papan Pengembangan) of the Indonesia Exchange (Stock Code SQMI)
Established Mineral Resources Estimation
As at 30 June 2017, the Ciemas Gold Project contains estimated total Mineral Resources of approximately 45,000 kg of contained gold (around 1,450,000 troy ounces), reported in accordance with the Joint Ore Reserves Committee (“JORC”) Code 2012 edition
Huge Potential Resources
Currently, there are 10 main gold mineralised prospects and a quartz porphyry prospect that have been defined by the exploration conducted in the Ciemas Gold Project area. Numerous gold occurrences are scattered throughout the 3078.5 ha area of the Ciemas Gold Project. This huge potential for further exploration on new mineral resources will pave the way to a sustainable future.
Extensive historical exploration on the Concession Blocks
The Concession Blocks have a long history of geological explorations since the 1980s. The Group is able to leverage on the exploration activities conducted by prior concession holders of the Concession Blocks. Various Australian companies had carried out detailed geological exploration work on the Concession Blocks from 1980s to 2012.
Clean and Clear Status
On 22 October 2013, the company has been awarded “Clean and Clear” certificate by the Directorate General of Minerals and Coal. This certifies that the company has fully complied to the relevant Indonesian environmental and mining laws & regulations in conducting the mining operations.
Experienced management and professional team
The Group has a team of key management and technical staffs & consultants with extensive knowledge and experience in gold mining.
Good Corporate Social Responsibility (“CSR”)
The Group has developed good working relationship, and has engaged, supported and provided employment for the local community. This invariably also improves the living standard of the community.
Through the CSR program, the Group has improved the infrastructure in the vicinity of the Concession Blocks, such as constructing public recreational facilities for the local community.
These cordial working relationships with the local community achieved through carrying out the mining activities responsibly would optimise the efficiency of the mining operations, and be in harmony with the environment & local community.
