General Search - Enter what you're looking for...
METROCOAL LTD - ASX: MTE
The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.
Description
MetroCoal Limited is an Australian coal company focusing on coal projects in the Surat Basin and surrounding locations in south-east Queensland.
The Company holds an extensive portfolio of tenements in the Surat Basin. Our initial exploration and analysis of historical exploration conducted over the tenements indicates the existence of prospective thermal coal seams located at depths ideally suited to:
1. Conventional opencast and underground mining techniques; and
2. Underground Coal Gasification (UCG).
MetroCoal is planning an extensive exploration and evaluation program to advance this dual strategy.
Based on the geological information from the historic drilling programs and its own drilling results, MetroCoal has an exploration target defining between 2.5 and 3.5 billion tonnes within the next two years.
MetroCoal has an experienced team who have considerable knowledge and expertise covering geology, mining, financial management and investment, and business development.
Mine For
coal
Location of operation(s)
Queensland
Australian Basins
Surat
Address
Corner of Lytton Rd & Stafford St
EAST BRISBANE, QLD, Australia
Phone
(61 7) 3249 3040
Website
Last Updated
11/5/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
