ID :
321374
Wed, 03/19/2014 - 18:55
Auther :

Newera commences drilling at Ulaan Tolgoi

Ulaanbaatar /MONTSAME/ Newera Resources Limited has commenced drilling on its phase one drilling program at the Ulaan Tolgoi project located in the South Gobi basin in southern Mongolia, says nru.com.au – company’s website on Tuesday. According to the press release, in phase one of the program, it is proposed to drill two diamond holes of approximately 300 metres depth each, into two separate near surface seismic anomalies identified by Logantek and Nordic Geological Solutions. Successful completion of phase one will be a pre-curser to commencing phase two of a further 1,400 metres of diamond drilling at three separate locations along the seismic survey lines identified to have strong underlying seismic anomalies. Newera looks forward to a positive outcome to the drilling at Ulaan Tolgoi where success in this initial exploratory drilling program holds the potential for the discovery of a large scale company making coal project close to the Chinese border.

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