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BOWEN Coking Coal has estimated a maiden total resource of 43 million tonnes at its Hillalong North project in Queensland, of which 19.5Mt is shallower than 150m deep, a typical depth cut-off for open cut resources.
The drilling program confirmed the resource area remained open east and southwest.
BCC said the drilling program confirmed the resource area remained open east and southwest, providing opportunities to expand on this maiden resource estimate.
Sumitomo will spend up to $7.5 million to earn up to 20% of the project.
