Macarthur can earn up to 70% in the tenement through sole funding of the exploration and development program with the aim of identifying a resource of 40Mt and establishing an opencut mine.
The Dingo West tenement is owned by Bandanna Coal, which Enterprise Energy is purchasing – pending shareholder approval.
Total resources owned by Bandanna include 641.2Mt inferred resources and 17.6Mt indicated resources at the Dingo West, Springsure Creek, Arturus and Arcadia tenements.

