Brisbane, Dec 21, 2011 (ABN Newswire) Press Release:
Bandanna Energy Limited, through its wholly owned subsidiary Springsure Creek Coal Pty Ltd, is pleased to announce that Xenith Consulting has certified resources in the Springton domain totalling 255.9 million tonnes. This Resource comprises Inferred Resources of 109.7 million tonnes and Indicated Resources of 146.1 million tonnes. The new Resource Statement follows the completion of boreholes of the targeted Aries 2 seam since July 2011.
The Springton domain was the focus of drilling from July 2011 and has recently been curtailed due to inclement weather. No drilling occurred in the Turkey Creek, Moorooloo and Arcturus domains and previous resource certifications by Resolve Geo remain for those sections of the deposit.
The Springton domain was the focus of drilling from July 2011 and has recently been curtailed due to inclement weather. No drilling occurred in the Turkey Creek, Moorooloo and Arcturus domains and previous resource certifications by Resolve Geo remain for those sections of the deposit.
abnnewswire.net
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