https://www.miningweekly.com

Blackwood makes its mark with maiden resource

13th September 2013

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Junior coal explorer Blackwood has reported a maiden Joint Ore Reserves Committee- (Jorc-) compliant resource of 322-million tonnes at its South Pentland project, in Queensland.

The company also reported a maiden inferred resource of 51.8-million tonnes at the Broadmere area of the Taroom project.

CEO Todd Harrington said on Friday that the Jorc-complaint resource at the two project areas was a critical step in the company’s development.

“The results of our recent drilling campaign confirm the presence of a significant resource at our flagship South Pentland project, with prospects of further definition and increases. Further to this, we have also been able to establish a resource at Taroom.”

Harrington said the coal quality results at South Pentland had proven that the potential product was on par with other Galilee basin projects.

“Combined with the potential solutions from existing infrastructure, South Pentland continues to present an exciting and unique business opportunity,” he added.

Blackwood would continue the exploration programme at South Pentland with a view to upgrade the resource as quickly as possible, and to improve the data set for a future prefeasibility study.

The company would also assess its exploration options at Taroom, but Harrington noted that the company would deploy capital “astutely”, given the current rail delays in the region.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.049 0.071s - 110pq - 2rq
Subscribe Now