3246L This licence is located 45km south-east of the Moatize Coal Mining Camp and adjoins the tenements held under licence by Rio Minjova (Mittal Steel JV) and Global Steel Holdings.
There is a 40km2 area that could be underlain by Productive Series coal bearing strata that has the potential to host 1.8Mt per km2 per 1m thickness of coal measures. If the main lower 50m thickness of coal measures is present this represents a Target Mineralisation in the range of 3.25 to 4.0 Bt of material to feed a washing plant or be subjected to Underground Coal Gasification (UGC). Measured dips near the railway line indicate that coal measures may be as deep as 1,000 metres)...."
Measured dips near the railway line indicate that coal measures may be as deep as 1,000 metres)...."
Measured dips near the railway line indicate that coal measures may be as deep as 1,000 metres)...."
Measured dips near the railway line indicate that coal measures may be as deep as 1,000 metres)...."
MOZ Price at posting:
38.0¢ Sentiment: None Disclosure: Not Held
