SYDNEY (Yosefardi) – Western Mining Network (WMN) said further discussions were undertaken with Mining One regarding their requirements to produce a JOCR resource statement for Tamboli.
A work schedule has been developed for the project on the basis that the work program will lag the Balai Sebut project in West Kalimantan.
WMN also in December 2015 cemented its agreement to acquire PT Grafindo Nusantara with the signing of a conditional share purchase agreement.
WMN also intends to undertake an assessment of the Persada Bumi Rawas project in Buol, Central Sulawesi, in the light of its declared focus on the development of its graphite resources.
WMN also holds 75% option/interest in Mekongga Sejahtera project in Kolaka, Southeast Sulawesi.