Dingo West resource established

BANDANNA Coal has announced an inferred resource of 91.1 million tonnes at its Dingo West tenement with exploration being funded by Macarthur Coal under a farm-in agreement.

Angie Tomlinson

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.

Most read Archive



Most read Archive