Orpheus Energy has started an exploration drilling program at its 51%-owned Block 4 (B4) project in East Kalimantan. The program will comprise 10-13 drill holes to a nominal depth of 100 metres and is expected to take about a month to complete.
The aim is to achieve an initial JORC-compliant resource at 3126 hectare B4 concession, one of two contiguous concessions owned by ASX-listed Orpheus. The other concession, Block 3, is to the north of B4.
The total exploration target for B4 and B3 is 5 to 10 million tonnes. B4 is about 125km northwest of the closest barge-loading facility and is directly accessible by log hauling road.
Initial work completed in 2007 identified multiple high-calorific seams that provided a target for further exploration. Preliminary work in July 2011 confirmed multiple seams with sample assays including 8095, 8055 and 7270 kcal/kg (adb). A high quality coal sample taken in 2007 featured low ash of 1.9% adb, low total moisture (6.5% ar) and an energy content of 7253 kcal/kg.
Orpheus’ executive chairman Wayne Mitchell says, “The recent exploration activities, and sample results at B4 have been encouraging, and we expect the current drilling program to confirm our belief that this prospect will add to our near-term production coal assets.”