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TMK Vitality’s Snow Leopard-03R properly has intersected the thickest intercept of coal to this point from its present drill program on the undertaking in Mongolia’s South Gobi Basin.
The properly intersected a web coal thickness of about 80m to this point from a depth of 455m, which represents the decrease coal seam at this location.
Notably, the coal seam presents as a single, prime quality, clear and homogenous coal seam/unit whereas preliminary outcomes from desorption samples point out the total seam accommodates excessive gasoline content material.
There is likely to be extra coal to come back for TMK Vitality (ASX:TMK) as drilling is constant forward with SL-03R to be geophysically logged and permeability examined as soon as the decrease coal seam is totally intersected.
SL-03R, which was drilled to check the decrease seam adjoining to the place the higher seam was intersected in SL-03, additionally intersected 60m of web coal within the higher seam – according to the end in SL-03.
In the meantime, the SL-05 properly has intersected about 37m of web coal within the higher seam from a depth of about 155m and is presently drilling forward to check the decrease seam, which is interpreted to exist at this location.
Coal core from the higher seam has been sampled with preliminary outcomes indicating that the shallow coal intersected has low to reasonable gasoline contents, with gasoline contents rising with depth.
Coal seam gasoline useful resource evaluation
As soon as drilling of each wells is accomplished – marking the top of the 2022 drill program – TMK will combine the outcomes from all wells into the geological mannequin.
This can permit the corporate to begin its maiden Contingent Useful resource over the 24km2 that represents the central Narrin Sukhait space.
Right here’s the place it will get a little bit mind-boggling.
Whereas the prospectivity of this central Narrin Sukhait space appears intriguing primarily based on the drill outcomes to this point, it represents just a bit greater than 1% of the entire potential space lined by the Gurvantes XXXV undertaking.
This makes it a neat preliminary step in assessing the big potential coal seam gasoline sources within the space.
Individually, the corporate has additionally moved to fast-track the planning and design course of for the pilot properly program that it seeks to begin earlier than the top of this yr.
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This text was developed in collaboration with TMK Vitality (ASX:TMK), a Stockhead advertiser on the time of publishing.
This text doesn’t represent monetary product recommendation. It’s best to take into account acquiring unbiased recommendation earlier than making any monetary choices.
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