Nusantara Resources Limited listed on the Australian Securities Exchange in August 2017 raising A$16.2M. The company is focused on growing shareholder value by developing and operating gold projects within the Asia-Pacific region. Nusantara owns a 100% interest in the Awak Mas Gold Project located in the Luwu Regency of South Sulawesi Province, Indonesia.
Discovered in 1988, the Awak Mas Gold Project has had some 130 km of drilling with over 1,050 holes drilled and currently hosts an open pit Indicated and Inferred Resource of 38.4 Mt at 1.41 g/t Au for 1.74 Moz prepared in accordance with JORC 2012 (May 2017).
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