Newera Resources fires up for more coal drilling in Mongolia

Newera Resources (ASX: NRU) is planning a third drilling program at its Shanagan East Coal Project in Mongolia.

The program of 15 holes will target the potential of two new coal seams identified from dipole-dipole survey modelling.

If successful, follow up drilling will be considered to further define the east-west strike of these seams.

Infill drilling is also planned to define an exploration target and a potential JORC Resource.

Newera has had ongoing success at its Shanagan East Project with significant widths of bright black coal recently intersected in three of the four phase two drill holes.

Notable intercepts from the 520 metre program included 18.55 metres of net bright black coal between 21.46 and 106.58 metres; 18.34 metres between 3.46 and 129.59 metres; and 5.77 metres between 8.19 and 77.82 metres.

Analytical results continue to indicate a high ranking black coal with low moisture, low volatiles, low sulphur and relatively high ash at the Shanagan Project.

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