KEY POINTS
Coal exploration
- Drilling programs commenced on EPC1859 “Dingo” and EPC1995 “Carlo Creek”;
- EPC 1566 granted on 21 Jan 2014
- EPC 2011 “Clermont” proceeding to grant
- EPC 1896 proceeding to grant
- EPM 19716 proceeding to grant
- Rio Tinto Exploration are continuing their exploration on EPC1824 throughout 2014.
Corporate
- Additional $225,000 proceeds from the issue of shares further secures the cash position of the company.
- Evaluation of MDL162 adjacent to our MDL453 “Cooroorah” tenement has identified potential for expansion of our “Cooroorah” project.
To view Report please download PDF attached: