Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEDL.L Regulatory News (EDL)

  • There is currently no data for EDL

Operational Update

4 Nov 2011 07:00

RNS Number : 4863R
Edenville Energy PLC
04 November 2011
 

4 November 2011

 

EDENVILLE ENERGY PLC ("Edenville" or the "Company")

 

Operational Update, Rukwa Coalfields, Tanzania

 

Edenville Energy plc (AIM:EDL), the coal focused African energy exploration and development company, today announces the completion of drilling at the Mkomolo and Namwele basins at the Rukwa Coalfield project in South Western Tanzania

 

Highlights

·; Drilling at Mkomolo and Namewele basin now completed to a depth in excess of 230 meters

o 8 holes completed at Namwele for 934.30m and

o 2,585.10m in 22 holes at Mkomolo

·; Samples results being analysed by international consultants Wardell Armstrong International ("WAI"), for initial Resource Estimate at Mkomolo by year end.

·; Sufficient data compiled for delineated JORC compliant coal resource

 

The company has now completed the planned drill program at the Mkomolo and Namwele basins and has sent whole core samples to be processed at the Inspectorate Laboratory facility in South Africa. Following analysis of results Edenville intends to establish an initial JORC compliant coal resource at the Rukwa coalfield.

 

The drilling programme and associated core handling procedures is being overseen by Dr. R. Lowman of WAI, a leading international consultant in the Coal Industry. WAI will also be responsible for undertaking the proposed resource estimation.

 

Simon Rollason, Chairman of Edenville, commented that "The completion of core diamond drilling at the Mkomolo and Namwele basins should allow us to prove up an initial JORC compliant coal resource at the Rukwa coalfield in Tanzania. We confidently await the results of the analysed samples from the laboratory and we will keep our shareholders up to date with the company's progress as and when we receive further news." 

Contact:

Edenville Energy plc

 

Simon Rollason - ChairmanRakesh Patel - Finance Directorwww.edenville-energy.com

 +44 (0) 20 7099 1940 

 

 

ZAI Corporate Finance Ltd

 

Ray Zimmerman/Marc Cramsie

+44 (0) 20 7060 2220

 

 

Threadneedle Communications

 

Laurence Read/Richard Gotla

+44 (0) 20 7653 9855

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLUGGMAGUPGGMW
Date   Source Headline
11th Jun 20122:53 pmRNSHolding(s) in Company
6th Jun 20129:04 amRNSOperations Update
6th Jun 20128:57 amRNSAnnual Financial Report
31st May 20127:00 amRNSAnnual Financial Report
30th May 20121:52 pmRNSHolding(s) in Company
11th May 20127:00 amRNSOperations update, Tanzania
26th Apr 20127:00 amRNSHolding(s) in Company
19th Apr 20121:22 pmRNSResource Report and Update
19th Apr 20129:45 amRNSHolding(s) in Company
13th Apr 20124:59 pmRNSHolding(s) in Company
11th Apr 20127:00 amRNSHolding(s) in Company
2nd Apr 20127:00 amRNSJORC Resource Estimate -- Mkomolo
27th Mar 20127:00 amRNSJORC Assessment Update
9th Mar 20127:00 amRNSHolding(s) in Company
27th Feb 20121:12 pmRNSHolding(s) in Company
17th Feb 20124:38 pmRNSHolding(s) in Company
15th Feb 20129:37 amRNSDrilling Report
9th Feb 20127:00 amRNSHolding(s) in Company
7th Feb 20123:38 pmRNSHolding(s) in Company
6th Feb 201212:51 pmRNSHolding(s) in Company
6th Feb 20127:00 amRNSHolding(s) in Company
2nd Feb 201211:11 amRNSHolding(s) in Company
2nd Feb 20127:00 amRNSHolding(s) in Company
1st Feb 20127:00 amRNSHolding(s) in Company
31st Jan 20121:07 pmRNSIssue of Equity
13th Jan 20127:00 amRNSHolding(s) in Company
11th Jan 20127:00 amRNSHolding(s) in Company
10th Jan 20127:00 amRNSHolding(s) in Company
4th Nov 20117:00 amRNSOperational Update
28th Oct 20117:00 amRNSHolding(s) in Company
25th Oct 20119:33 amRNSDirector/PDMR Shareholding
11th Oct 20117:00 amRNSHolding(s) in Company
6th Oct 20117:00 amRNSDrilling Report
22nd Sep 20117:00 amRNSInterim Results
7th Sep 20111:26 pmRNSHolding(s) in Company
1st Sep 201111:25 amRNSHolding(s) in Company
30th Aug 20117:00 amRNSRukwa - Results from first Drill Hole
18th Aug 20117:00 amRNSHolding(s) in Company
10th Aug 20119:00 amRNSHolding(s) in Company
8th Aug 20117:00 amRNSHolding(s) in Company
28th Jul 20117:00 amRNSHolding(s) in Company
28th Jul 20117:00 amRNSHolding(s) in Company
26th Jul 201112:57 pmRNSHolding(s) in Company
25th Jul 20117:00 amRNSCommencement of drilling at Rukwa
7th Jul 20117:00 amRNSHolding(s) in Company
6th Jul 201110:52 amRNSHolding(s) in Company
1st Jul 20115:20 pmRNSResult of AGM
29th Jun 201111:16 amRNSHolding(s) in Company
27th Jun 201112:11 pmRNSHolding(s) in Company
21st Jun 20117:00 amRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.