VANCOUVER (Indonesia Today) – Surya Kencana LLC (SK LLC) is elected to continue to sole fund exploration and feasibility study expenditures on the KSK Contract of Work (KSK CoW) in Central Kalimantan.
The company allocates $16 million for 2013 exploration program, including drilling, at KSK CoW.
Having completed the initial period of the KSK Agreement by sole funding exploration of $7,000,000 by early October 2012, SK LLC notified KLG that SK LLC has elected to continue to sole fund all remaining exploration and feasibility study expenditure under the KSK Agreement, subject to SK LLC