Aquarian Gold starts exploration program on Riau coal concession
Thursday, April 5 2007 - 05:00 AM WIB
Toronto-based junior explorer Aquarian Gold Corp. is commencing an extensive program of detailed geological mapping on their recently acquired 52,000 hectare coal concession in Riau province.
The company will be sampling coal seam outcrops, pitting, and mapping selected areas to 1:25,000 with detailed mapping in certain areas on a scale of 1:5,000, it said.
The company is trying to prove-up more than 2.5 million tonnes of medium calorific, low ash/sulfur content bituminous coal in one section of the northern license that was discovered in earlier exploration.
The company?s concession, which is located in the Riau coal basin is easily accessed via barge along the nearby river, lies less than 100 kilometres (62 miles) from the east coast of Sumatra and shipping links to South East Asia, it said. (alex)
