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Consolidated Zinc Limited ( (AU:YAR) ) has issued an announcement.
Yari Minerals Limited has announced a significant 91% increase in the JORC Inferred Coal Resource at its Rolleston South Coal Project, raising the resource from 78.9Mt to 151Mt. This increase was achieved by integrating data from two coal seam gas wells, highlighting the project’s potential as a high-quality asset in a premier location. The company plans to accelerate development with upcoming site visits to finalize drilling targets, aiming to enhance shareholder value and potentially upgrade portions of the resource to semi-soft coking coal.
More about Consolidated Zinc Limited
Yari Minerals Limited is a company operating in the coal industry, primarily focusing on coal exploration and development. It is engaged in the Rolleston South Coal Project located in Queensland’s Bowen Basin, a prominent coal-producing region. The company leverages high-quality data to enhance its resource base and aims to develop high-quality coal assets.
Current Market Cap: A$4.44M
Find detailed analytics on YAR stock on TipRanks’ Stock Analysis page.
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