Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Select Exploration confirms high energy thermal coal in Tanzania  Join our daily free Newsletter

MENAFN - ProactiveInvestors - Australia - 17/12/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - ProactiveInvestors - Australia) Select Exploration (ASX: SLT) has confirmed a calorific value of up to 6,060 kilocalorie per kilogram (Kcal/kg) for outcropping coal within the Ruhuhu Project in southern Tanzania.

The analytical results for the company's trenching program showed a calorific value range of between 5,222Kcal/kg and 6,060kcal/kg, and an average of 5,883Kcal/kg.

Average values returned included 4.2% total moisture, 22.5% ash, 30% volatile matter and 3.2% total sulphur.

Select discovered the coal outcrop on PL 7051/2011 while undertaking ground traversing activities in preparation for a maiden drilling campaign on the recently acquired and highly prospective land holding.

Continuation of the outcropping coal horizon was intersected 39 metres below surface while a second previously undiscovered coal occurrence was intersected 89 metres below surface.

The outcrop is interpreted to lie in the same stratigraphic position as the adjacent Ngaka mine and Katewaka/Mchuchuma coal occurrences within the same basin, which is the largest Karoo Supergroup basin in southwest Tanzania.


2013 exploration plan

Select Exploration will recommence drilling in 2013, targeting along strike potential thickening of the two identified coal seams in addition to exploratory drilling for additional coal measures of greater width.

The company will also conduct washability test work to determine the ability to further upgrade the coal.


Transition to coal explorer

Select Exploration, formerly Select Vaccines, launched itself into Africa's coal and uranium sectors earlier this year with the acquisition of four highly prospective and potentially large scale coal and uranium projects in Tanzania.

The 38 exploration licences cover around 3,700 square kilometres.

The projects, which are drill ready, contain units of Karoo Sedimentary Sequence which hosts major deposits within Africa including significant coal/uranium deposits within Tanzania, and coking coal deposits in neighbouring Mozambique.

The first target, Ruhuhu, is less than 2 kilometres along strike from known coal occurrences.

Ruhuhu comprises seven licences, four of which are granted, over 494 square kilometres.

The project's geology is interpreted to contain the same sedimentary sequence that hosts nearby Intra Energy's (ASX: IEC) Mbuyura Coal Project.

Ruhuhu is located about 1 kilometre along strike from Intra Energy's Ngaka-Mbalawala Coal Project, and 6 kilometres along strike of the Mbuyura Coal Project, with both projects hosting a total resource of 423 million tonnes.

 






  MENA News Headlines


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help