MARKETS

Spitfire to drill for Tassie coal

EXPLORER Spitfire Resources is gearing up to start drilling at its Langloh and Avoca coal project...

Blair Price
Spitfire to drill for Tassie coal

Spitfire is looking at 10 core holes at Langloh and 32 open holes at Avoca.

“The drilling is expected to take approximately six weeks and will be conducted in conjunction with a test work program to verify historic coal-quality data from these projects,” the company said.

“The follow-up test work program will take approximately 10 weeks to complete.”

Spitfire continued negotiations in the last quarter with potential joint venture partners for its Tasmanian thermal coal projects.

The company is also a Western Australian manganese explorer and ended 2009 with a cash position of $4.89 million.

Shares in Spitfire remain unchanged at 8c.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets