Commenting on the work to date, Cougar Energy CEO & Managing Director Mr Rob Neill said: “The initial results of the Phase 1 drilling programme are very encouraging. Geological modelling has commenced and will be reported once coal quality results are available. We would expect this in mid-July.
“At that stage, considering the regionally established transport infrastructure and logistical services, we would expect to have the basis to progress our Mineral Development Lease application and commence scoping study work for the project as an underground mine in Queensland’s world renowned Bowen Basin”.
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