Cokal starts drilling at C. Kalimantan coal project
Wednesday, March 16 2011 - 01:51 AM WIB
Cokal executive chairman Peter Lynch said on Monday the company has engaged local drilling contractor named Kasam, to implement the drilling program.
?The first drill is in place on the BBM project and we have commenced the first hole of a program aimed at defining the coal quality, and ultimately the resource potential of the project area,? Lynch said.
BBM project is located immediately adjacent to BHP Billiton?s Juloi project and is bisected by the Barito River. ?We?ve been busy with a team of geologists on the ground since the start of the year mapping the known and new outcrops of coal,? Cokal executive director Pat Hanna said.
?The mapping has been important in improving our understanding of the coal seams and determining the appropriate locations for locating the drill holes in order to efficiently prove up our deposit.
?We will be undertaking open and fully cored holes to the standards required by JORC. The core will be dispatched to an approved laboratory for analysis to determine the coal quality,? Hanna said.
Lynch said the company was looking to expand the drilling program and hopes to employ additional drill rigs across the various projects it has in Central Kalimantan.
?We have also mobilised geophysical logging services which are expected to arrive at the project in due course,? he said.
Cokal has interests in four projects in Central Kalimantan, considered prospective for coking coal. (denny)