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INITIAL COAL RESOURCE AT WHAREATEA WEST, NEW ZEALAND | |
Coal mining company Eastern Corporation Limited (Eastern) today provided an initial coal resource for Whareatea West located in the Buller coal region near Westport in the north west of New Zealands South
Island.
Drilling has identified a combined Measured and Indicated Coal Resource of 25.7 million tonnes. Results from initial coal quality testing indicate a range of coals from coking coal to a high ash thermal coal. Further exploration and coal
quality testing is required however to gain a better understanding of what product tonnes can be mined from the resource which has been identified to date.
The resource is contained within the Mangatini Seam at a depth of approximately 70 to 85
metres below surface and is being targeted for potential underground mining.
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This email was sent by Sam Aarons, Eastern Corporation Limited, Level 5, 545 Queen Street, Brisbane QLD 4000, Australia, www.easterncorp.com.au to .com
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Eastern Corporation Ltd
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CODE : ECU.AX |
ISIN : AU000000ECU9 |
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Eastern Corp est une société basée en Australie. Eastern Corp est cotée en Australie. Sa capitalisation boursière aujourd'hui est 25,7 millions AU$ (26,1 millions US$, 21,4 millions €). La valeur de son action a atteint son plus haut niveau récent le 24 juin 2005 à 1,05 AU$, et son plus bas niveau récent le 14 décembre 2007 à 0,03 AU$. Eastern Corp possède 102 752 659 actions en circulation. |