DAIRI ZINC/LEAD PROJECT
PT Aneka Tambang (“Antam”) 20%….
EIGHTY % BELONG THE INTERNATIONAL SHARE HOLDER AND 20 % TO THE INDONESIAN.
SO HOW MUCH IS THE ROYALTY TO THE LOCAL BATAK PEOPLE FROM 100% OR FROM 80% OR 20 %?WHICH ONE IS BELONG TO THE NATIVE TRADITONAL BATAK LAND OWNER?
NOW BATAK PEOPLE CAN YOU ASK YOU EDUCATED SON/DAUGTHER WHICH ONE?…..
TO ALL BATAK IN SUMATRA IF YOU JUST SIT DOWN AND FORGET YOUR BIG MOUTH EMPTY KNOWLEGE ABOUT INTERNATIONAL POLITIC.LEARN HOW TO CHANGE UR BAD ATTITUTE THEN YOU CAN ENJOY THE RICHNESS OF YOUR COUNTRY AND CAN BE MULTI BILLIONER GENERATION AHEAD.BUT IF YOU KNOW HOW.TO EXPLORE AND WORK WITH YOUR HARMONY AMONG THE HUMAN AROUNDS YOUR LIFE.BUT IF YOU ALWAYS URGUES AND START BIG CLASH AMONG THE ETHNIC GROUB AND KILLING ONE ANOTHER WILL ACHIVE NOTHING BUT ZERO TO NOTHING.YOU HAVE TO CONSILADATE OR CONSULLING WITH EDUCATED SON/DAUGTHERS.PUT IT IN YOUR GOOD HEAD TO SOLVE THE ISSUES THEN YOU WILL END UP BETTER LIFE AND BETTER CONDITION TO NEXT BATAK GENERATION.
HERE SOME ISSUES AND HOW YOU CAN COPE WITH THEM.
In 1998, Herald made a rich new zinc/lead discovery at Dairi in North Sumatra and is currently in the final throes of completing a bankable feasibility study (BFS) on this project. The project ownership is 80% Herald, 20% PT Aneka Tambang (major listed Indonesian mining company, partly state- owned). The Dairi Project comprises a large area (about 25,000 Ha) with title held under the reliable Indonesian Contract of Work system. There are many different styles of mineralisation present, and a number of different prospects have been identified within the Dairi project area. To date, most work has concentrated in the Anjing HItam area, where a reserve of 6.3m/t of 16% zinc, 10% lead (23% Zinc equivalent) has been delineated. Infill drilling on the Anjing Hitam reserve has been undertaken as part of the BFS process, and this is likely to upgrade the reserve further. Herald is looking at a mining and milling rate of around 1m/t per annum, i.e an initial mine life of 6-7 years. However as Herald said in a recent presentation, the endowment of this area is so rich that we would be surprised if we were not still producing there in 20, 30 or 40 years time. Prior to our entry, the district was completely unrecognised as the major zinc/lead camp that it clearly is. Additional resources of 9m/t of lower grade material also exist at Lae Jehe and Basecamp just north of the proposed processing facilities area, and represent the most obvious sources of future ore supply once the reserves at Anjing Hitam
Coal and base metal exploration company, Herald Resources (HER) said on Thursday it had received positive metallurgical testing results from its Dairi zinc/lead project in Sumatra, North Indonesia.The ore from the Lae Jehe deposit at Dairi project has a resource of 6.5 million tonnes at 11% zinc and 6% lead.Herald Resources said it is the most advanced prospect to provide future mill feed following its initial 7 year mine life. “The results are very encouraging in terms of the confirming Herald’s belief that Lae Jehe could provide mill feed that would take the Dairi project significantly beyond its initial planned mine life of seven years, ” executive director Michael Wright said. Shares in Herald Resources remained flat at $2.20 at 12.26PM AEST.Herald’s shares rose recently after receiving a hostile take offer from PT Bumi Resources on 14 December.Directors of Herald Resources said the $455 million takeover offer is hostile and advised shareholders to take no action until further review.In a note to the market on 20 December 2007, directors said they are holding talks with the relevant parties and will make a recommendation to the shareholders once the offer has been considered in full. Until then, shareholders have been advised …