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Asiamet Lifts Beutong Copper-Gold Project Interest to 80%

Asiamet is pleased to announce that negotiations to simplify the exercise of its option agreement with PT Media Mining Resources covering the Beutong copper-gold project ("Beutong") have been completed and a single milestone payment of A$4.375million has been made to increase its effective ownership in PT Emas Mineral Mumi ("EMM") from 40% to 80% by acquiring the remaining 50% of Beutong Resources Pte Ltd. ("BRPL") that it does not already own.

Asiamet intersects a broad zone of copper mineralisation at Beutong Project

Results received from the 2018 drilling program at the Company's 40% owned Beutong Project.

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