Newera Resources is poised to start 2,000 metres of diamond drilling to test for potential coal deposits underlying five seismic lines that have produced positive results at its Ulaan Tolgoi coking coal project. In the first of two phases, it plans to drill two diamond holes of about 300 metres each into the best prospects identified as a precursor to the 1,400-metre second phase.
The company has already completed all necessary regulatory and other requirements and notifications to enable drilling to begin once the weather permits. The drilling contractor, Best Drilling, has moved a rig to Dalanzadgad to be taken to the Ulaan Tolgoi site.