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BATHURST RESOURCES LIMITED. — Regulatory Filings 2014
Jul 20, 2014
64563_rns_2014-07-20_1d0d6760-8d6d-49a9-9e99-08b5f40222e1.pdf
Regulatory Filings
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Level 12, 1 Willeston Street Wellington 6011, New Zealand PO Box 5963 Lambton Quay Wellington 6145, New Zealand
T +64 4 499 6830 F +64 4 974 5218 E [email protected]
21 July 2014
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Listed Company Relations New Zealand Exchange Limited Level 2, NZX Centre 11 Cable Street Wellington, New Zealand
Company Announcements Platform Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW 2000
WORK COMMENCES AT ESCARPMENT
Bathurst Resources Limited (NZX/ASX: BRL, “Bathurst”) is pleased to announce that activities have commenced at the company’s Escarpment mine site.
A small team of men is now engaged full time on the site. Fences and signage have been erected and current activities are clearing areas for coal storage and site infrastructure and initial earthworks for the installation of water management systems.
Over the coming months Bathurst will carry out further preliminary site works at Escarpment but will defer the full development of the mine site until international coking coal prices improve. Coal recovered during this construction phase will be sold into existing contracts.
Managing Director, Hamish Bohannan, said “Our initial activities at Escarpment will be low key during this first phase of development. The intention is to prepare the site to a point where we can quickly ramp up to steady state mining when the price of export coking coal recovers.”
Yours sincerely Bathurst Resources Limited
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Hamish Bohannan Managing Director