Secures Previous Drilling Data
Sydney, May 16, 2012 AEST (ABN Newswire) - Padang Resources Limited (
ASX:PXR) is pleased to announce that it has secured the drill core and data from previous exploration undertaken on the Paser Project.
Securing the drill core, bore hole data and independent coal quality analysis from the previous 20 borehole program undertaken on the Paser Project will greatly assist the technical team in determining the vertical and lateral distribution of the coal seams, the quality of the coal and ultimately the economic viability of the project.
The technical team will verify the data secured and combine this with the data received from the resistivity survey currently in progress to assist in completing technical due diligence.
Next steps
Padang will keep shareholders informed of any material developments regarding the Due Diligence process on the Paser Project.
Contact
Padang Resources Limited
T: +61-8-9429-2908
WWW: www.padangresources.com.au
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