Quarterly Activities Report Dec Qtr 2011

Highlights

Coal

  • Mining approvals now received at Tabalong Coal Project targeting production in 2012.
  • Process commenced to obtain the Forestry Land Use Permit, which is the key remaining approval required for mining to commence.

Iron Ore

  • Further infill drilling carried out during the quarter.
  • Mt Webber mining development planned for 2013 (subject to approvals).

Lithium

  • JORC compliant Mineral Resource estimate increase of 2.75 million tonnes of mineralised spodumene pegmatites at 1.06% Li2O from S1 Target Area.
  • Total Pilgangoora Mineral Resource estimate of 13.29 million tonnes of mineralised spodumene pegmatites at 1.21% Li2O.
  • Contained lithium oxide (Li2O) to date of 161,000 tonnes.

 

Further details

Posted in 2012 ASX