Challenger has drilled 16 holes so far in Barito coal project
Friday, June 21 2013 - 04:34 AM WIB
Calgary-based coal exploration firm Challenger Deep Resources Corp announced on Thursday that drilling program on Kara Elmas Madenleri (KEM) production license, one of the two production licenses within its Barito coal project in Central Kalimantan, has covered a total of 25 holes as of June 16.
The drilling itself commenced on April 20, 2013, the company said in a statement.
The Barito project is comprised of two production licenses, KEM and Alam Bahteria Barito Raya (ABBR).
The statement added that the drilling completed to date indicated that the zone covering seams 4-6 now comprises a package of eight seams. Seams 5 and 6 have now been tested to a maximum vertical depth of 65m and display excellent continuity, extending for a strike length of 600m through the KEM IUP and open along strike to the NW and SE.
This confirms initial interpretations that the seams strike into neighboring properties including the ABBR production license. The seams strike at 320 degrees and dip at approximately 30 degrees to the NE and are located on the western limb of a broad, shallow synform structure.
The discovery of additional seams has the potential to increase the overall scope of the Barito project.
Challenger Deep Resources Corp. is an exploration company focused on the Indonesian coal industry.
Editing by Dadan Wijaksana