exploration report

PT. INDO MINERAL PRIMA

Ged. Pesona 5th Floor, Suite 503. Jl. Ciputat Raya No. 20. Tanah Kusir

GENERAL EXPLORATION REPORT

IN TUMBANG TANGOI AREA,

CENTRAL KALIMANTAN, INDONESIA

10th–20th October 2009

Geologist Team PT Indo Mineral Prima – PT MP Treasure

PT. MP TREASURE

Simprung Gallery Block-S. Jl. Teuku Nyak Arief No. 10. Jakarta Selatan

General Exploration Report – Tangoi Project

1 October 2009

Contents

I. Introduction ……………………………………………………………………………. 2

II. General Condition ……………………………………………………………………. 4

2.1. Location and Access ………………………………………………… ……. 4

2.2. Topography, Inhabitants, Animals and Plants …………………… 5

2.3. Weather Condition …………………………………………………………. 6

III. Regional Geology …………………………………………………………………….. 7

3.1. Physiographic ………………………………………………………………… 7

3.2. Stratigraphy ………..………………………………………………………… 7

IV. General Survey ….……………………………………………………………………. 12

4.1. Genesis of Metal Minerals ……………………………………………….. 12

4.2. Field Survey Results ……………………………………………………….. 12

4.3. Calculation of Geological Resources …………………………………. 15

V. Work Plan ……………………………………………………………………………….. 16

5.1. Geophysic Survey ………………………………………………………….. 16

5.2. Plan and Time Schedule …………………………………………………. 17

VI. Appendix

Map 1. Satellite Image of Exploration Area

Map 2. Exploration Map

Map 3. Forest Map

Map 4. Work Plan Map

Map 5. Geophysics Plan Map

Table of Work Plan


2 October 2009

I. INTRODUCTION

The iron exploration was carried out by Geologist Team in concession

area of PT. Mulia Permata Treasure. The concession area is located in

Tumbang Tangoi village, Petak Malai subdistrict, Katingan district,

Central Kalimantan province, Indonesia. The Regional Location Map is

shown in Figure 1.1 at below this.

The main objectives of the exploration is to explore and to assess the

iron ore potential in 7,036 Ha exploration area located about 300 Km

NorthWest of Palangkaraya town (Capital City of Central Kalimantan

province).

The general field survey was started on October 10th, 2009 and

completed on October 20th, 2009, conducted by 5 Geologists from PT

Indo Mineral Prima and PT MP Treasure. They are:

• Mr. Chrismastono : Sr. Geologist of PT. MP Treasure

• Mr. Setiyarso : Jr. Geologist of PT. MP Treasure

• Mr. David : Sr. Geologist of PT. Indo Mineral Prima

• Mr. Endri : Jr. Geologist of PT. Indo Mineral Prima

• Mr. Sulastri : Jr. Geologist of PT. Indo Mineral Prima

The field survey was conducted with fly camp in the jungle.

Figure 1.1. Regional Location Map


3 October 2009

Our camp in Tisoi. The field survey was conducted with fly camp in the Jungle.

Table 2. Time Schedule of General Exploration

=================================================== No. Longitude Latitude Coord. -------------------------------------------- Point o ' " o ' " =================================================== 1. 113 07 15.00 -0 45 37.00 2. 113 09 03.00 -0 45 37.00 3. 113 09 03.00 -0 47 49.00 4. 113 13 05.00 -0 47 49.00 5. 113 13 05.00 -0 50 39.00 6. 113 07 15.00 -0 50 39.00 ===================================================

Table 1. List of Exploration Area Coordinates. Total Area : 7,036 Ha


4 October 2009

The survey equipments that used are as follows:

• Geological Hammer (Igneous Rock)

• GPS Map 60 CSX

• Compass

II. GENERAL CONDITION

2.1. Location and Access

The exploration area is located in logging company area

(PT. Fitamaya Asmapara) which conducting logging activity. All of

the road access in site made by that logging company.

The way to reach the exploration area from Palangkaraya town is

by using land access and river access. We used 184 Km

government road (asphalt road) from Palangkaraya to Tumbang

Samba. It can be reached during 3.5 hours journeys. In Tumbang

Samba, we have to cross River Samba to reach Samba Katuk

during 20 minutes. Continued by using 117 Km logging road

access (laterite road) to reach western exploration area during

4 hours journeys. To reach eastern exploration area, we have to

use 12Km river access by using small boat during 2 days journeys.

Private Logging Road in Exploration Area.

• Digital Camera

• Magnetic Pen

• Plastic Sample Bag


5 October 2009

2.2. Topography, Inhabitants, Plants, and Animals

Topography

The relief of exploration area is steep hills with the height 400 m –

850 m above sea level. The steep hills will be shown in Satellite

Image Map (Appendix). There are 3 main river which control the

topography of exploration area, e.g, River Parahoi, River Roha,

and River Tisoi. (Appendix).

Inhabitants

About 100 people lives in Tumbang Tangoi village. This village is

nearest village in exploration area. The majority of inhabitants are

Dayak origin who are generally believe Christian. Most of

inhabitants work as farmer, gardener, trader, craftsman, civil

servant, gold miner, and small business owner.

Plants

60% of exploration area is covered by big trees such as Benglis,

Meranti, and Uring. All the kind of these woods taken by logging

company for processed like ”Benglis” for Pulp, ”Meranti” for Ply

Wood and ”Uring” for Timber. Trees of Jackfruit, coconut, mango,

papaya and so on are usually planted around residences of the

inhabitants.

Vehicle & Passangers Cross River Samba


6 October 2009

Animals

So many wild animals were met in exploration area, such as

Snake, Wild Boar, Monkey, Deer, Bear, Mousedeer, Big Lizard and

Leech.

2.3. Weather Condition

The study area belong to tropical rain forest climate which

characterized by north-east monsoon from October to May as

rainy season and by south-west monsoon from May to September

as dry season.

In accordance with the observation of Meteorology in

Palangkaraya from 2006 to 2008, average rainfall per annum is

2.691 mm, average rainfall per day is 94 mm, average

temperature in a day is 310 C in daytime and 230 C at night, and

the humidity is vary widely from 40% to 90% by day.

Mousedeer became our dinner in the camp


7 October 2009

III. REGIONAL GEOLOGY

3.1. Physiographic

Based on Regional Geological Setting of Kalimantan, The

exploration area is located in Schwaner Mountains (Herman

Darman & F. Hasan Sidi, 2000) that predominated by body of

granodiorite tonalite batholite, a small part of basaltic rocks, and

granite intrusive which making regional metamoprhism.

Tecto-stratigraphy of Kalimantan island are formed by Paleozoic

and Mesozoic sediment rocks, volcanic rocks that infiltrated by

cretaceous granite rocks which is part of continent plate.

Subduction zone has been formed, the elements consist of Folding

and Faulting at turbidite sediment rocks, ofiolite, and mélange

that having Kapur – Eosen age. At lower Oligocene – upper

Miocene was happened magma activity at western, central, and

eastern Kalimantan whereas in centre of Kalimantan formed gold

deposit zone that associate with volcanic rocks or sub-volcanic

intrusive with andesitic composition. Magma activity is still

continued till end of Miocene, whereas the younger one was

happened at Pliocene – Pleistocene.

There are 3 orogenesis activity that influence geological of

Kalimantan island, they are orogenesis of centre part Kalimantan,

orogenesis of Meratus line and orogenesis of Sabah. Based on

aerophotograph analysis, the geological structure that grew up at

edge of NorthEast Sunda Self with Pre-Tertiary bedrock shows its

structure straightness direction have NorthEast–SouthWest

pattern till North–South, whereas eastern Melawi basin expands

syncline structure with tinder direction East–West and structure

straightness towards NorthWest–SouthEast.


8 October 2009

3.2. Stratigraphy

The Regional Stratigraphy of exploration area is made base on

name set of litostratigraphy that is set of formation. The set of

this formation is determined base on characteristics of rock that

observed in the field. That is consisted of rock type, uniformity of

rock type, and stratigraphy position between rocks.

The Boundary of relative age spreading and precipitation

environment for each set of different formation is characteristics

of the rocks lithology from formation compiler that met at the

field.

Determination of relative age and precipitation environment from

each set of formation conducted by using two ways, the first is

based on relation between formation until known relative age

from each set of formation, and this condition are supported by

research to fossil content from limestone. Whereas for rock that

not contain foraminifera fossil, its age determination is conducted

with the proportion of previous research results which based on

the similarity of physical features at the field, by using reference

from Geological Map of Tumbang Hiram sheet (1615), scale 1 :

250.000 (Geological Research and Development Centre – P3G, U.

Margono, T. Soejitno, T. Santosa, 1995).

Based on Regional Geological Map, then exploration area has 6

set of formation, that is Pinoh Metamorphic (PzTrp), Sepauk

Tonalit (Kls), Selangkai Formation (Kse), Malasan Volcanic Rock

(Tomv), Sintang Intrusive (Toms), and Alluvium (Qa).

1. Pinoh Metamorphic

Biotite-Muscovite Schist, Hornblenda Schist, Biotite Gneiss,

Phylite, Slate and Quartzite. This rock intruded and thermally

metamorphosed by the Sepauk Tonalite and The Sintang


9 October 2009

Intrussive. Its presumed Permo-Carboniferous in age, and it

can be correlated with same rock from Schwaner Mountain (50

km west sheet border) and in Mangkiang (north of Sanggau)

which contain of Fusulinidae, Echinoid and Bryozoa within

limestone (van Emmichoven, 1939).

2. Sepauk Tonalit

Biotite granite, Hornblende and Muscovite Granite. Foliated in

contact with metamorphics rock and intruded by Sintang

Intrusive Rock. Age dating of the same unit from Samba River

(Tewah Sheet) showing 76 Ma (Late Cretaceous).

3. Selangkai Formation

Mudstone, Shale, Sandstone, Silstone, Minor pebbly

sandstone, Conglomerate, Limestone; rare Coal, locally basal

pebble to boulder conglomerate; commonly calcareous and

carboniferous. Fossil content consist of planktonic to benthic

foraminiferas, Algae, Coal, Echinoids, Gastropods, Radiolarian

and Ostracods, shown Valaginian to Cenomian. The unit was

deposited in a shallow to open marine environment. Thickness

approximately 1,000 m (Pieters et al., 1993). This formation

has a faulted contact with the Haloq Sandstone.

4. Malasan Volcanic Rock

Volcanic Breccia, Tuff, Aglomerate and Andesite Lava. Breccia

components mainly consists of andesite compositions. Malasan

Volcanic Rock interfingers with lower part of the Tanjung

Formation. It is probably Early Miocene age and it was

deposited in a litoral environments.


10 October 2009

5. Sintang Intrusive

Intrusions form as dykes and silts of andesite and basalt with

areal coverage of several metres to kilometers. Andesite is

commonly prophyritic texture, Dense, Brownish Green and

composed of altered plagioclase and orthoclase consisting of

sericite, hornblende, pyroxene, chlorite calcite and ore

minerals. Basalt is generally aphanitic texture, consisting of

plagioclase, pyroxene, glass, ore minerals and chlorite. The

andesite and basalt intrusive is probably Early Miocene in age.

6. Alluvium

Gravel, Sand, Silt, Clay and Organic matters are found as river

deposits.


11 October 2009

Table 3. Stratigraphy of Exploration Area


12 October 2009

IV. GENERAL SURVEY

4.1. Genesis of Metal Minerals

In exploration area was found varies igneous rocks that identify

growing of magma activity that bring iron ore mineralization.

Existence of granitic rocks and andesitic rocks identifies that ever

happened magma activity which is the key of metal minerals

forming.

Based on the process of metal forming, there are 4 types of iron

ore deposit. The types are:

- Iron ore deposit of contact metasomatism,

- Iron ore deposit of placer,

- Iron ore deposit of laterite,

- Iron ore deposit of sediment.

The iron ore deposit in exploration area is contact metasomatism

type. In megascopic, the characteristics are: blackish red, fine-

medium grain size, bad sorting, closed fabric, predominated by

ore minerals, predicted as magnetite/hematite.

4.2. Field Survey Results

Field survey was carried out by a scale of 1 to fifty thousand to

get geological information such as iron ore exposures, lithography

and geological structure in exploration area. The survey method

which used is stream mapping to looking for the iron ore

exposures. The exploration team is divided into 3 teams to

conducting observation in River Parahoi, River Roha, and River

Tisoi.

The exploration team found Hematite float at downstream and

Magnetite float at upstream. Also found Magnetite exposure at

upstream of River Tisoi. The magnetite exposure is iron vein zone

with width about 4 – 7 m. Vein zone means there are some iron


13 October 2009

vein with varies dimension. Based on the field survey result,

obtained the prospect area which is northern exploration area.

Some parts of the prospect area are outside exploration area. It

means the owner KP (PT. MP Treasure) has to submit the KP

coordinates changing towards North to Mining Department of

Katingan district.

The list of KP coordinates changing is shown in Table 4 at with total area

become 5,787 Ha.

Iron Vein Zone exposure at upstream of River Tisoi.

Magnetite Float at River Tisoi. Good quality, approximately grade 65% - 70% Fe, Density 4.2 T/M3.

Hematite Float at downstream of River Tisoi, approximately

grade 52% Fe.

Hematite float at Upstream of River Parahoi.


14 October 2009

================================================== No. Longitude Latitude Coord. ------------------------------------------- Point o ' " o ' " ================================================== 1. 113 08 51.94 -0 49 14.05 2. 113 09 44.15 -0 49 14.05 3. 113 09 44.15 -0 49 29.57 4. 113 11 00.21 -0 49 29.57 5. 113 11 00.21 -0 49 51.75 6. 113 12 22.79 -0 49 51.75 7. 113 12 22.79 -0 50 38.89 8. 113 13 51.13 -0 50 38.89 9. 113 13 51.13 -0 49 53.80 10. 113 13 45.58 -0 49 53.80 11. 113 13 45.58 -0 49 40.15 12. 113 13 27.75 -0 49 40.15 13. 113 13 27.75 -0 48 47.49 14. 113 13 20.06 -0 48 47.49 15. 113 13 20.06 -0 48 22.57 16. 113 13 12.87 -0 48 22.57 17. 113 13 12.87 -0 48 02.33 18. 113 13 05.61 -0 48 02.33 19. 113 13 05.61 -0 47 13.69 20. 113 12 49.42 -0 47 13.69 21. 113 12 49.42 -0 46 54.88 22. 113 12 41.43 -0 46 54.88 23. 113 12 41.43 -0 46 33.33 24. 113 12 35.19 -0 46 33.33 25. 113 12 35.19 -0 46 14.56 26. 113 12 18.35 -0 46 14.56 27. 113 12 18.35 -0 46 35.84 28. 113 12 08.00 -0 46 35.84 29. 113 12 08.00 -0 46 56.18 30. 113 11 54.72 -0 46 56.18 31. 113 11 54.72 -0 47 05.78 32. 113 11 42.53 -0 47 05.78 33. 113 11 42.53 -0 47 17.32 34. 113 11 28.13 -0 47 17.32 35. 113 11 28.13 -0 47 30.06 36. 113 11 11.55 -0 47 30.06 37. 113 11 11.55 -0 47 39.32 38. 113 10 56.51 -0 47 39.32 39. 113 10 56.51 -0 47 49.00 40. 113 09 03.00 -0 47 49.00 41. 113 09 03.00 -0 45 37.00 42. 113 07 15.00 -0 45 37.00 43. 113 07 15.00 -0 48 57.80 44. 113 08 51.94 -0 48 57.80 ===================================================


15 October 2009

The Forest using status of new exploration area is:

- HPT : 2,123 Ha,

- HP : 471 Ha,

- KPPL : 3,193 Ha.

The forest using status map is shown in appendix (Forest Status

Map).

The field survey results have been combined with the desk study

and presented in 3 Maps.

• Map 1 shows satellite image of exploration area,

• Map 2 shows the changing of exploration area,

• Map 3 shows forest using status,

• Map 4 shows work plan in the new exploration area.

4.3. Calculation of Geological Resources

The calculation of geological resources is based on the invention

of iron ore vein zone with direction N 280 E and width 4 – 7

metres that located at upstream of Rive Tisoi. And then, found

magnetite float with dimension 30 x 40 x 25 centimeters at

upstream of River Tosa with distance 2 km from vein zone at river

tisoi.

Based on field survey, the characteristic of iron ore deposit in

exploration area is primary iron ore deposit that formed as vein.

The straightness direction of vein zone at upstream tisoi and

boulder location at upstream tosa is similar. So, the calculation of

geology resource is as follows:

Resources = Volume x Density

Volume = Vein length x Vein Width x Depth of Mine Target

= 2,000 m x 1 m x 30 m

= 60,000 m3.

Resources = 60,000 m3 x 4.2 t/m3 = 252,000 t.


16 October 2009

Total Vein = 10

Estimation Value = 40%

Resources = 252,000 t x 10 x 40%

= 1,008,000 t

This calculation is just for eastern prospect area in 290.1 Ha.

V. WORK PLAN

5.1. Geophysics Survey

To follow up exploration result previously then planned to conduct

geophysics survey for 23 days. The geophysics survey methods

that will be conducted are Resistivity/Geoelectric, IP and

Geomagnetic.

Based on exploration result then determined some blocks that will

be conducted geophysics survey. These blocks are determined

base iron vein zone and also magnetite float that found in river

tisoi and river tosa.

The geophysics blocks are:

• Block 1

This Block has 290.1 Ha. Geophysics methods that will be

conducted in this block are Resistivity/Geoelectric, IP, and

Geomagnetic. Distance of each line for geoelectric and IP is 50

meters. Distance of each electrode is 5 meters. For

geomagnetic, distance of each observation point is 10 meters,

with space between geomagnetic line 10 meters.

• Block 2

This Block has 455 Ha. Geophysics method that will be

conducted is Geomagnetic. Distance of each observation point


17 October 2009

is 10 meters, and the space between geomagnetic line is 10

meters.

• Block 3

This Block has 505 Ha. Geophysics method that will be

conducted is Geomagnetic. Distance of each observation point

is 10 meters, and the space between geomagnetic lines is 10

meters.

5.2. Plan and Time Schedule

All of the explanation about Plan and Time Schedule of

Geophysics survey will be shown in Table of Work Plan

(Appendix).

-1º0

8'-1

º04'

0º52

'-1

º0º

56'

0º48

'0º

44'

0º40

'0º

36'

112º56'112º48' 112º52' 113º 113º04'

112º52' 112º56' 113º 113º04'

0º40'0º52'

0º48'0º44'

112º48' 113º08' 113º12' 113º16'

0º36'0º56'

113º16'113º08' 113º12' 113º20'

113º20' 113º28' 113º32'

113º24' 113º28' 113º32' 113º36'

113º24' 113º36'

-1º-1º08'

-1º04'

Scale 1 : 500,000

Exploration Area.Total Area = 7,036 Ha.The area is located at steep hills.

Map No.

Created by

Date 21 October 2009

1

David Siregar

Explanation:

Image Source : Satellite Imaging Corporation - USA

Tumbang Tangoi village,Petak Malai subdistrict,

Katingan district,Central Kalimantan province

Indonesia

Map Index

SATELLITE IMAGEOF EXPLORATION AREA

: Exploration Area

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

0º46'

0º50'

113º07'

113º07' 113º08' 113º09'

113º08' 113º09' 113º10'

113º10'

0º47'0º49'

0º48'

0º49'

0º46'

0º48'

0º47'

113º11' 113º12' 113º13' 113º14'

113º11' 113º12' 113º13' 113º14'

0º50'

R. TosaR. Parahoi R. Tisoi

R. Rungoi

R. Tisoi

R. Roha

725

550

350

650

750

550

675

650

800

850

400425550

450

400

900

Camp Fitamaya

River

Private Logging Road



Indonesia

EXPLORATION MAP

Explanation:

Contour Line

Elevation Point

Date

Map No.

Created by

21 October 2009

David Siregar

Map Index

Scale 1 : 65,000

Exploration area before due diligence.Total Area = 7,036 Ha.

Exploration area after due diligence.Total Area = 5,787 Ha.

: Exploration Area

0º46'

0º50'

113º07'

113º07' 113º08' 113º09'

113º08' 113º09' 113º10'

113º10'

0º47'0º49'

0º48'

0º49'

0º46'

0º48'

0º47'

113º11' 113º12' 113º13' 113º14'

113º11' 113º12' 113º13' 113º14'

0º50'

KPPL

HLHP

HPT

PPH

Forest Using Status :

HPTHPKPPL

: 2,123 Ha. : 471 Ha.: 3,193 Ha.

HP (Production Forest)

HL (Protected Forest)

21 October 2009

David Siregar

HPT (Fixed Production Forest)

PPH (Animals Protection Area)



Indonesia

Scale 1 : 65,000

Map Index

FOREST STATUS MAP

Explanation:

Exploration area before due diligence.Total Area = 7,036 Ha.

Map No.

Created by

Date


KPPL (Housing & Others Using Area)

: Exploration Area

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

113º07' 113º08'

113º07' 113º08' 113º09'

113º09' 113º10' 113º11'

0º48

'0º

47'

0º46'0º49'

0º48'0º47'

0º49

'0º

50' 0º50'

0º46

'

113º10' 113º14'113º13'113º11' 113º12'

113º12' 113º14'113º13'

R. Tisoi

R. Parahoi

R. Parahoi

R. Tisoi

725

550

350

650

750

550

675

650

800

850

400425550

450

400

900

R. Rungoi

R. Roha

R. Tosa

Camp Fitamaya


Explanation:

Contour Line

Elevation Point

River

Block - 1 (290.1 Ha)Resistivity, IP, Geomagnet.

Block - 2 (455 Ha)Geomagnet.


WORK PLAN MAP

Map No.

Created by

Date 21 October 2009

David Siregar



Indonesia

Scale 1 : 65,000

Map Index


82°

0º46

'30"

0º47

'30"

0º47

'

113º11'30"

113º11'30"

0º48

'30"

0º48

'

113º11'113º10'30"

113º11'

113º12'30"

113º12'

113º12'

113º12'30"

0º46'30"

113º10'30"

0º48'

113º13'

113º13'

113º13'30"

113º13'30"

0º48'30"0º47'30"

0º47'

R. Rungoi

R. Tisoi

R. Parahoi

800

850

450

900

R. TosaHF

MF

MV

David Siregar

Contour Line

Elevation Point

82°

River


Block - 1 (290.1 Ha)Resistivity, IP, Geomagnet.



Geoelectric Base Line (NE-SW)

21 October 2009

Explanation:

Map No.

Created by

Date

Iron Vein Direction (Strike & Dip)

GEOPHYSIC PLAN MAP

Scale 1 : 30,000

Map Index



Indonesia

113º08'

113º10'113º09'113º08'113º07'

0º46

'

0º47'0º50'

0º49'0º48'

0º46'

0º50

'0º

49'

0º48

'0º

47'

113º10'113º09'113º07' 113º11' 113º12' 113º13' 113º14'

113º14'113º11' 113º12' 113º13'

COORDINATES LIST OF GEOPHYSICS BLOCKS

BLOCK – 1 (290.1 Ha)

BLOCK – 2 (455 Ha)

=================================================== No. Longitude Latitude Coord. -------------------------------------------- Point o ' " o ' " =================================================== 001. 113 12 31.67 -0 47 13.69 002. 113 13 05.61 -0 47 13.69 003. 113 13 05.61 -0 48 02.33 004. 113 13 12.87 -0 48 02.33 005. 113 13 12.87 -0 48 22.57 006. 113 13 20.06 -0 48 22.57 007. 113 13 20.06 -0 48 34.06 008. 113 12 31.67 -0 48 34.06 ===================================================

=================================================== No. Longitude Latitude Coord. -------------------------------------------- Point o ' " o ' " =================================================== 001. 113 12 49.42 -0 47 13.69 002. 113 12 49.42 -0 46 54.88 003. 113 12 41.43 -0 46 54.88 004. 113 12 41.43 -0 46 33.33 005. 113 12 35.19 -0 46 33.33 006. 113 12 35.19 -0 46 14.56 007. 113 12 18.35 -0 46 14.56 008. 113 12 18.35 -0 46 35.84 009. 113 12 08.00 -0 46 35.84 010. 113 12 08.00 -0 46 56.18 011. 113 11 54.72 -0 46 56.18 012. 113 11 54.72 -0 47 05.78 013. 113 11 42.53 -0 47 05.78 014. 113 11 42.53 -0 47 17.32 015. 113 11 28.13 -0 47 17.32 016. 113 11 28.13 -0 47 30.06 017. 113 11 11.55 -0 47 30.06 018. 113 11 11.55 -0 47 39.32 019. 113 10 56.51 -0 47 39.32 020. 113 10 56.51 -0 47 49.00 021. 113 12 31.67 -0 47 49.00 022. 113 12 31.67 -0 47 13.69 ===================================================

BLOCK – 3 (505 Ha)

=================================================== No. Longitude Latitude Coord. -------------------------------------------- Point o ' " o ' " =================================================== 001. 113 10 34.18 -0 47 49.00 002. 113 12 31.67 -0 47 49.00 003. 113 12 31.67 -0 48 34.06 004. 113 10 34.18 -0 48 34.06 ===================================================

WORK PLAN OF GEOPHYSICS SURVEYTANGOI PROJECT - KATINGANCENTRAL KALIMANTAN PROVINCE

Period : November 2009

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

1 Road Making 1 2 3 4 5 6 7 8 9 10 11

- To connecting road access from Fitamaya Road to Camp site

- Direct distance 6 Km. Estimated distance : 10 km

- Completed during 11 days by using Dozer D7, rent from Fitamaya

- Supervision from IMP' foreman (Mr. Suyono)

2 Preparation 1 2 3 4 5 6 7 8 9 10 11 12 13

- Making geophysic line (clearing by man power from Tangoi)

- Making Camp at center of geophysics area

3 Geophysics Activity

- Geoelectric team consist of 6 persons. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Operator (1), Helper (4), Geologist (1). Geoelectric team will work in

Block-1 (290.1 Ha). Total geoelectric line : 40 line. Line space : 50 mtrs.

Electrode space : 5 mtrs.

- Geomagnetic team consist of 5 persons. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Operator (1), Helper (3), Geologist (1). Geomagnetic team will work in

Block-1 (290.1 Ha), Block -2 (455 Ha), Block-3 (505 Ha). Observation

point space : 10 mtrs. Geomagnetic line space : 10 mtrs.

No.November 2009

Activity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

4 Personnel of Geophysics Survey

David, Endri, Sulastri, Christmastono, Suyono, Joko, Ladi/Dodo,

Geophysics Operator (2), Local Worker from Tangoi (7), Local Driver (1).

Total Personnel : 17 persons

1 Logistic during 23 days (Rp 100,000/day) 41,900,000Rp

2 Salary for 8 persons Local Worker (Rp 100,000/day) 19,100,000Rp

3 Solar 15 Ltr/day (retail price Rp 10,000/ltr) for 30 days 4,500,000Rp

4 Camp Making, 2 M3, @ Rp 2,000,000 /M3 4,000,000Rp

5 Rent Geophysics Equipment for 23 days 69,000,000Rp

6 Others 20,000,000Rp

7 Rent Excavator, 11 days (Rp 285,000/hour), 10 hrs/day 31,350,000Rp

8 Rent Dozer D7, 11 days (Rp 450,000/hour), 10 hrs/day 49,500,000Rp

9 Solar for Excavator (Estimation : 20 ltr/hr, 10 hrs/day) 22,000,000Rp

10 Solar for Dozer D7 (Estimation : 37 ltr/hr, 10 hrs/day) 40,700,000Rp

11 Salary for Exca Operator for 11 days (Rp 20,000/hr) 2,200,000Rp

12 Salary for Dozer Operator for 11 days (Rp 20,000/hr) 2,200,000Rp

-Rp

TOTAL : 306,450,000Rp

No. ActivityNovember 2009

BUDGET CALCULATION

exploration report

Documents