Explorers Podcast: Nusantara eyes low-cost, high-profit gold in Indonesia
Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast.
In this episode Barry chats with Neil Whitaker, managing director of Nusantara Resources (ASX:NUS).
Nusantara is focused on the development and operation of gold projects within the Asia-Pacific region.
The company owns a 100 per cent interest in the Awak Mas gold project, located in the Luwu Regency of South Sulawesi Province, Indonesia.
The project hosts an open pit indicated and inferred resource of 54 million tonnes (Mt) at 1.35 grams per tone (g/t) gold for 2.35 million ounces (Moz) (as of April 2020) and an updated reserve of 35.6Mt at 1.33g/t for 1.53Moz (June 2020).
So tune in below to hear about the company’s Indonesian gold ambition.
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