Padang mobilizes team at Paser

Tuesday, May 15 2012 - 06:29 AM WIB

By Nur Azizah

Australia listed Padang Resources Limited has recently announced that it has received local government approval required to gain access to the Paser Project permit area. The company is now deploying an exploration team.

With the local government approvals in place, Padang has instructed the in-country technical team to mobilize a field crew and the geophysical survey provider to complete stage 1 of the technical due diligence program, a program designed to collate and validate previous exploration data, confirm the vertical and lateral distribution of the coal seams and provide an initial coal resource estimate.

Based on a positive outcome from stage 1, the company will plan and implement a drilling program to define a JORC compliant resource.

Editing by Er Audy Zandri

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