By New Age Exploration Limited ("NAE" or "the Company") is pleased to announce the completion of seismic interpretation work at its Cesar Basin export thermal coal projects and the commencement of a tender program for a phased drilling program at the La Miel project.
Highlights• Seismic interpretation study has been completed for all Cesar Basin export thermal coal projects
• Interpretation indicates that depth to top of target coal formation at La Miel
(concession GJP-151) is between 400m and 800m• NAE has designed a phased drilling program at La Miel based upon this interpretation:
