2 Billion Tonne Exploration Target: Takatokwane South Perth, Western Australia: Mineral exploration company Nimrodel Resources (ASX: NMR) is pleased to announce an update of results from the Takatokwane South Coal Project in Botswana. Nimrodel’s Managing Director, Mr Chris Mason said: “The results from Phase 1 drilling at Takatokwane South are extremely positive and indicate an extension of the coal horizons at Takatokwane.” Highlights ? Exploration target of 2 BT for Takatokwane South. ? Results returned from 13 of 16 diamond core holes drilled ? Coal horizons up to 21 metres thick ? Seam 2 depth from surface commences at 64 metres. ? Calorific Value of the seams range 20 to 25 MJ/kg at 1.60 SG Float
NMR Price at posting:
5.8¢ Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)