Drilling over a small portion of the combined 6.9 Billion tonne Inferred Resource has consistently intersected coal of between 10m and 20m thick from 60m below surface. Commenting on the completion of the drilling program, Nimrodel’s Managing Director Allan Mulligan said: “These consistent intersections of seam 2 at between 60m and 70m depth coupled with a robust seam thickness averaging 16m over a large area of our target zone highlights the potential for Takatokwane to become a stand-alone coal mining district in its own right.”
NMR Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
