Altona Energy announced it now has all the permits and approvals in place to proceed with a bankable feasibility study for its flagship Arckaringa coal-to-liquids project in northern central South Australia. The company's JV partner, the China National Offshore Oil Corporation is now clear to finalise its selection of drilling program consultants from China and Australia, including drilling contractors and other service providers.

Key objectives of the program include extracting bulk samples of coal to test the coal quality profile and complete in-fill coal and coal geotechnical boreholes to facilitate open cut mine design. To complete progress of the BFS the JV will need to complete hydro-geological test wells to enable the refinement of the existing hydro-geological model and underpin a groundwater management plan.

Source - coalportal.com

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