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Tamaska completes drilling of Snow Leopard-1 in Mongolia
Sydney-listed TMK Power, previously Tamaska Oil and Fuel, has accomplished the drilling and testing of the Snow Leopard-1 nicely inside the Nariin Sukhait space of the Gurvantes XXXV CBM mission in Mongolia, the corporate stated on Could 10.
The nicely was drilled to a complete depth of 675 m with a complete of 60 m of gassy coal intersected. Desorption testing of coal core to acquire definitive fuel content material knowledge is ongoing because the cores proceed to provide fuel, TMK stated.
Fuel composition sampling and fuel chromatography testing is ongoing and the outcomes affirm that the fuel has excessive methane concentrations between 94.4% and 98.8%, and low carbon dioxide values between 0.3% and 5.1%, the corporate added.
The drill website will now be rehabilitated in accordance with native necessities. The drill rig will mobilise to roughly 5 km east of the Snow Leopard-1 location, with the drilling of the second of the deliberate four-well drilling programme anticipated to start out inside the subsequent week.
The following nicely, Snow Leopard – 2, is deliberate to focus on the identical coal formations intersected in Snow Leopard-1. Drilling and testing of Snow Leopard – 2 are anticipated to take roughly 4 weeks. The drilling programme is being funded by TMK’s three way partnership associate Talon Power beneath an current $4.65mn two-stage farm-out settlement executed in February final yr. Preliminary funding of $1.5mn is allotted to the present four-well drilling and testing programme.
The Gurvantes mission covers an space of 8,400 km2 and is located round 20 km from the Chinese language-Mongolian border and near the northern China fuel transmission and distribution community. TMK earlier this yr accomplished the acquisition of Telmen Power, which held a 100% curiosity within the Gurvantes XXXV mission.
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