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.

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