Paringa Resources to divulge Scoping Study


(MENAFN- ProactiveInvestors - Australia) Paringa Resources is preparing to reveal details regarding a Scoping Study on the Buck Creek No.2 Mine

Paringa Resources (ASX:PNL) is preparing to reveal details regarding a Scoping Study on the Buck Creek No.2 Mine with the ASX granting the company a trading halt to prepare.

The Buck Creek Mining Complex is located in the heartland of the Illinois Basin coal industry one of the world’s best mining jurisdictions.

It is surrounded by some of the most highly productive and profitable underground coal mines in the U.S.

The halt will remain in place until the opening of trade on Monday 15th February 2016 or earlier if an announcement is made to the market.

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