MACMAHON SELECTED AS PREFERRED CONTRACTOR TO PARTNER WITH MRV TARONG BASIN COAL PTY LTD The Board of Moreton Resources Limited is pleased to announce the selection of Macmahon Contractors as the preferred mining partner for the South Burnett project.
The selection marks the conclusion of a lengthy process and will see Macmahon partner with its fully owned subsidiary MRV Tarong Basin Coal Pty Ltd to advance the exciting project.
As outlined previously, Moreton Resources Limited took an extremely prudent approach in regards to the operating ethos, style and capability of the potential partner.
The intention of the Board is to now enter into a formal alliance arrangement with Macmahon to provide mining services over the first 5 years of the South Burnett Project.
MAH Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
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