EXPLORER Tiaro Coal is ready to kick off a 36-hole reverse circulation drilling campaign next week as ground conditions have recovered from the recent spate of wet weather in southern Queensland.
Drilling will go to an average depth of 140m within the Shady Camp, T9 and Munna Creek projects.
The company is targeting resources of 20-30 million tonnes from drilling including 5Mt of high-quality coking coal.
Tiaro has stakes in six Queensland coal permits.
In February, Tiaro announced plans for a joint venture coal-trading operation with China Qinfa Group and that it would spend the profits on its coal project portfolio.
Shares in the junior are unchanged at 29c.
A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.
The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets
An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production
An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions
Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.
