BRL
21/07/2014 09:58
MINE
REL: 0958 HRS Bathurst Resources Limited
MINE: BRL: Work commences at Escarpment
WORK COMMENCES AT ESCARPMENT
Bathurst Resources Limited (NZX/ASX: BRL, "Bathurst") is pleased to announce
that activities have commenced at the company's Escarpment mine site.
A small team of men is now engaged full time on the site. Fences and signage
have been erected and current activities are clearing areas for coal storage
and site infrastructure and initial earthworks for the installation of water
management systems.
Over the coming months Bathurst will carry out further preliminary site works
at Escarpment but will defer the full development of the mine site until
international coking coal prices improve. Coal recovered during this
construction phase will be sold into existing contracts.
Managing Director, Hamish Bohannan, said "Our initial activities at
Escarpment will be low key during this first phase of development. The
intention is to prepare the site to a point where we can quickly ramp up to
steady state mining when the price of export coking coal recovers."
End CA:00252896 For:BRL Type:MINE Time:2014-07-21 09:58:55
