Kaili Resources announces Maryvale Drilling 

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Image credit: Kaili Resources ASX release

Sydney-based coal miner Kaili Resources – formerly known as Omnitech Holdings Limited – announced that its 100% subsidiary company APEC Coal has commenced drilling on its Maryvale Coal Project located in South East Queensland.

Image credit: Kaili Resources ASX release
Image credit: Kaili Resources ASX release

Kaili said that the drilling commenced within the EPC 1539 coal tenement, and will subsequently move to EPC 1506 for drilling operations at a further 5 drill sites.

Kaili’s Queensland coal tenements are situated 30km north of Warwick within the Darling Downs region of south Queensland.

The tenements are adjacent to a railway line that connects Warwick to Toowoomba in the north and then to the capital city of Brisbane (190km) from where the coal is planned to be exported.

Adertisement

Historical drillhole locations within EPC 1506 and EPC 1539 comprise water bores which were drilled to shallow depths of usually less than 50m and company coal exploration chip and diamond core holes drilled to depths of several hundred metres.

Several of the coal exploration drill holes were geophysically surveyed to look for lithological and coal signatures and to be submitted for coal quality analyses in Brisbane.