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Property NewsSeptember 10, 2008 Announced the results of the first drill hole completed to a depth of 75.8m. Hole DDH-1 intersected 3 coal seams with 10.35m of coal intersected in discrete robust seam. The top of the main seam was intersected at a depth of 36.6m. The hole is situated approximately 550m from the outcrop position of the main seam. July 18, 2008 Reported that drilling had commenced initially on two coal blocks which comprise the Daguma deposit. The initial 5,000 metres of diamond drilling will consist of 25 large diameter drill holes with an estimate average depth of 200m. An estimated 500 samples will be sent to Manila for coal quality analyses. July 1, 2008 Announced that a drilling agreement had been signed to complete 5,000m of core drilling in drill 25 drill holes. |
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