Mantle Mining Corporation has been granted a trading halt by the ASX ahead of the release of an announcement regarding the Trafford Coal & Gas Project. The company did not disclose the nature of the announcement.

Mantle has been working with the traditional custodians and the government to progress the Trafford project. This follows a pre trial settlement with the vendor of the project, Calcifer Industrial Minerals, in the March quarter of 2012.

Trafford has an exploration target of between 100 million tonnes and 500 million tonnes of black coal. Shares in Mantle Mining Corporation will remain in pre open until the earlier of the release of an announcement to the market, or the commencement of normal trading on June 22nd 2012.

Source - Proactiveinvestors.com.au

(www.coalguru.com)