Bounty to expand Cook using bord and pillar methods

BOUNTY Mining intends to expand operations at the Cook Colliery in Queensland to four underground mining areas, producing 2.2 million run-of-mine tonnes per annum using bord and pillar mining methods after raising $18 million through an initial public offering.

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Bounty to expand Cook using bord and pillar methods Bounty to expand Cook using bord and pillar methods Bounty to expand Cook using bord and pillar methods Bounty to expand Cook using bord and pillar methods Bounty to expand Cook using bord and pillar methods

Bounty's main asset will be the Cook Colliery.

The Cook Colliery produces a high quality hard coking coal product that has been accepted in the main export markets of China and Japan.