A-Cap targets early mining

| Monday July 14, 2014 15:51

In a statement, the company said that drilling at Mea will focus on establishing an indicated resource on the portion of the deposit most suitable for early mining.

In addition, work on Bolau will establish a resource on the shallow up dip extension of African Energy Resources’ adjacent 2.5 billion tonne Sese Coal deposit. 

The drilling campaign is expected to be completed by the end of August.

Chief executive officer Paul Thomson says the rationale is to drill enough coal resources to enable a ‘plus ten-year’ mining operation to be considered, bringing it into the next stage of assessing the economic viability.