Cockatoo explores Surat and Bowen

AUSTRALIAN junior Cockatoo Coal continued its exploration activity in the March quarter, making headway into tenements in Queensland's Surat and Bowen Basins.
Cockatoo explores Surat and Bowen Cockatoo explores Surat and Bowen Cockatoo explores Surat and Bowen Cockatoo explores Surat and Bowen Cockatoo explores Surat and Bowen

Cockatoo Coal's Surat Basin project.

Angie Tomlinson

The junior defined a 103.53-million-tonne measured resource at a stripping ratio of 4.2:1.0 at its Guluguba project in the Surat Basin.

Exploration at its first target area of EPC 1041A (Miles) proved up multi-seam targets through exploration drilling of 16 open holes.

During the quarter Cockatoo also acquired Surat Basin tenements Horse Creek and Dogwood Creek for $3 million.

A data review and 3D modelling of its Wonbindi tenement in the Bowen Basin has defined a preliminary "anticline" target zone of 26Mt. Cockatoo is working towards bringing the resource to measured JORC status.

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