Perth, Aug 21, 2008 AEST (ABN Newswire) - SAPEX Limited (ASX:SXP) advises that Linc Energy (ASX:LNC) has commenced a drilling program for coal assessment in the Arckaringa Basin, South Australia.
Under the terms of a Memorandum of Understanding (MOU) to farmin to identified coal areas, Linc will drill approximately 20 holes in Exploration Licence (EL) 3325 for approximately a total of 5900 metres to assess and better define the inferred coal resources in accordance with JORC principles for Underground Coal Gasification purposes.
EL 3325 ( East Wintinna) is located some 135 km north-east of Coober Pedy.
Following the completion of this drilling program a similar program will be undertaken in EL 3326, located some 70 km SE of EL 3325.
Contact
Andrew J Andrejewskis
Managing Director
08 8331 9661
info@sapex.com.au
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