Stanmore Coal (ASX:SMR) is an operating coal mining company with a number of additional prospective coal projects and mining assets within Queensland's Bowen and Surat Basins. Stanmore Coal owns 100% of the Isaac Plains Coal Mine and the adjoining Isaac Plains East Project and is focused on the creation of shareholder value via the efficient operation of Isaac Plains and identification of further local development opportunities. Stanmore continues to progress its prospective high quality thermal coal assets in the Northern Surat Basin which will prove to be valuable as the demand for high quality, low impurity thermal coal grows at a global level. Stanmore’s focus is on the prime coal bearing regions of the east coast of Australia.
Stanmore Coal Limited
ASX:SMR ISIN:AU000000SMR4
News
Asian Activities Report for July 5, 2011 includes: Platina Resources Limited (ASX:PGM) has identified further near-surface platinum and scandium mineralisation at its 100% owned Owendale Platinum Project; Cerro Resources NL (ASX:CJO) announced initial diamond drill results for its 100% owned Mt Philp Haematite Iron Prospect in Queensland; Alligator Energy Limited (ASX:AGE) has signed an exploration agreement with Cameco Corporation (TSE:CCO) to earn up to 90% of tenement EL 24992 in the Northern Territory; Stanmore Coal Limited (ASX:SMR) has increased confidence in achieving the upper end of the coal exploration target of 220Mt to 290Mt in the Aries seam at Tennyson Project.
Stanmore Coal Limited (ASX:SMR) is pleased to announce that it has lodged an application for Mining Lease (ML) and Environmental Authority application (EA) for its wholly owned The Range Project, located in Queensland's Surat Basin.
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