ASX-listed exploration and development company focused on gold and copper in Indonesia
- Highly prospective exploration portfolio consisting of multiple long-tenure, drill-ready targets covering >66,000 ha in an established gold district, contiguous to the world-class Martabe mine
- Definitive feasibility study shows strong economics on Sihayo’s 1.5Moz Starter Project; the company successfully raised AUD43.4m of capital in August 2020 to fund its aggressive exploration programme, and also recently received an exploration forestry permit from the Indonesian government to begin works
- Prime exploration gold targets the company has earmarked for drilling in the short term include near-mine extensions to the optimised pit shell for Sihayo and the epithermal gold-silver prospect, Hutabargot Julu
- Market capitalisation of AUD11m (May 2022)
- Provident founder Gavin Caudle is a director on the board