Paser project has 3 potential coal seams

By Harry Roy Gunawan

ASX-listed firm Padang Resources Limited said that it has received an independent report on the interpretation of the geological data identifying 3 potential coal seams with a relative north-south pattern of strike and thicknesses varying from 0.4 to 3.4 meters in Paser Project, East Kalimantan.

It said that the seam 1 has a potential thickness of 1.1 meters with the strike direction of 840 meters, Seam 2 has a potential thickness of 0.5 meters with the strike direction of 1160 meters, and Seam 3 has a potential thickness of 3.4 meters with the strike direction of 940 meters based on coal thickness from drilling data in bore hole GMM-01.

With the interpretation of geological data complete on Paser Project, the company will now proceed with the design and implementation of a drilling program to define a mineable resource.

Editing by Adianto P. Simamora