Having a coal resource estimate of 517.5Mt, this asset is seen as a genuine mid-term project.
Drill site clearing and site inductions for the drill crew are underway.
Archer to look at massive, magmatic nickel sulphide deposit.
Strategic to look for copper-lead sulphides in Leviathan's unusual geological features.
Sumitomo brings a wealth of experience and significant financial backing.
There is growing investor confidence for long-term brownfields expansions and greenfield operations.
Canavan will meet with Korea's Minister for Trade, Industry and Energy.
The companies have engaged Velseis to conduct the program and will use its Envirovibe equipment.
Technology uses sound waves to make 3D images of underground ore deposits.
Queensland can deliver more economic returns from resources given its mineral prospectivity.
The area is adjacent to Vitrinite's existing Karin Basin project.
The QRC is keen to work with the Queensland government on new incentives for exploration.
The project was expected to deliver 500 construction jobs and 450 full-time jobs once operational.
Unit costs are expected to increase to $99.50/t in FY20, which is up from $88.80/t in FY19.
There was now no uncertainty around the potential loss of control of Hillalong.
The NVCL will eventually characterise the top one-to-two kilometres of the Australian continent.
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