Orpheus commences JORC drilling program at CBP project

By Peni Pedriawan

ASX-listed Orpheus Energy announced that it has commenced its exploration drilling program at Citra Bara Prima (CBP), with a 12 hole program, each to a target depth of 100 meter.

Orpheus currently has an exploration target of 2.0 - 4.5 Mt and the current drilling program is expected to delineate a JORC resource.

It said that Orpheus? technical team has conducted desktop analysis on earlier exploration results, identifying a minimum of two coal seams varying in thickness from 4 to 12 meters, near surface

The CBP tenement covering an area of approximately 195 hectares is located approximately 6km south-west of Orpheus? ADK project and is close to the river side barge loading facility at SKJM, located less than 2km away.

The company said that during the current CBP drilling program, Orpheus is developing its preliminary mine plan so that the project can rapidly move into production, planned to be in Q4 2012 with the expected production rate of 50,000 tons per month.

Editing by Adianto P. Simamora