EER 0.00% 3.6¢ east energy resources limited

At last a bit more activity to report.Exploration target of...

  1. 551 Posts.
    At last a bit more activity to report.

    Exploration target of 800mt to add to the existing 1.2Bt.

    No hard time frame given for driling, testing, JORC reporting.

    Last two paras:

    Subject to completion of the detailed evaluation, it is expected that the coal found in the Allambi deposit could conceivably increase the total Inferred Resource in EPC1149 to in excess of 2.0 Billion tonnes.

    ?We are very excited about moving to the Northern area and proving up another significant thermal coal resource in Queensland?, said Mark Basso, Managing Director of East Energy. ?This deposit, along with those in the Galilee Basin, will provide long term secure resources of thermal coal for many years to come ?
 
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