COLUMBOOLA JV ANNOUNCES MAIDEN RESOURCE OF 540 MT
Highlights
Maiden Inferred Resource of 540 Mt thermal coal established Drilling has confirmed continuous and correlatable seams within the Macalister Seam Package Three (3) potential working sections within the Macalister Seam package identified, MA1, MA3 & MA4 Drilling has also identified the potential for additional working sections in coal seam packages elsewhere in the Walloon Sub group and drilling continues to increase confidence MetroCoal?s combined Total Thermal Coal Resource Increases to 1.46 Billion tonnes** inclusive of JV partner 51% share.
another new high for today.
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