WHC 0.00% $7.80 whitehaven coal limited

WHITEHAVEN COAL LIMITED (ASX:WHC) PROJECT APPROVAL FOR NARRABRI...

  1. 272 Posts.
    WHITEHAVEN COAL LIMITED (ASX:WHC) PROJECT APPROVAL FOR NARRABRI NORTH COAL PROJECT

    Whitehaven Coal is pleased to advise that it has today received Project Approval
    for Stage 1 of the Narrabri North Coal Project from the NSW Minister for Planning,
    The Hon Frank Sartor MP.

    The Narrabri North Project covers approximately half of Whitehaven's Narrabri coal
    tenement, which is located some 20 kilometres south of the town of Narrabri in the
    North West of NSW.

    Exploration of Whitehaven's Narrabri coal tenement has so far generated total coal
    resources of some 438 million tonnes (Mt), of which the Narrabri North area
    contains approximately 230 Mt.

    Construction of the Narrabri North Project will commence in early 2008, with
    exploration of the Narrabri South area to continue.

    Managing Director, Keith Ross said that approval of the Narrabri North
    development is a major milestone for Whitehaven Coal, as the Narrabri area is the
    cornerstone of Whitehaven Coal's expansion plans.

    More detailed information on the Narrabri Project, including coal resources and
    reserves is contained in the attached extract from Whitehaven Coal's recent
    investor presentation.



 
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