ASX SHARE PRICE
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16-May-2012
Investor Presentation
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09-May-2012
High Grade Report - Coal could become a factor in northern Queensland wealth
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03-May-2012
Investor Presentation
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1-May-2012
Appointment of New Chief Financial Officer
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30-April-2012
UBS Investment Research - Progress on several fronts
Read announcementWelcome to Guildford Coal Limited (Guildford)
Company Overview
Guildford has established a portfolio of coal exploration tenement areas in Queensland, Australia. Guildford’s tenements cover an estimated area of in excess of 21,000 square kilometres and are defined within project areas as follows:
Priority projects
• Hughenden Project (Galilee / Eromanga Basins);
• Sierra Project (Bowen Basin); and
• Kolan Project (Maryborough Basin).
Other projects
• Sunrise Project (Surat/Bowen Basin); and
• Monto Project (Nagoorin Graben and Mulgildie Basin).
According to the Independent Technical Expert:
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"The projects represent a diversified portfolio of genuine coal exploration targets located in the premium coal basins of Queensland with potential for a variety of coals including export thermal, PCI and hard coking qualities. The projects are mostly located close to existing rail infrastructure and present the opportunity to access multiple port facilities. Guildford has proposed a two year program of exploration on each of the areas held by the Company. The program is designed to define the coal resources to at least Inferred status by year one, although in several cases it should be possible that resources may be defined to Indicated and Measured status by year two." Independent Geological Evaluation Report – Palaris Mining Pty Ltd |
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Corporate Objectives
Guildford’s key objective is to create shareholder value through the identification, securing and exploration and potential development of coal deposits. In order to achieve this objective, Guildford Coal intends to:
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• Drill and assess existing exploration permit’s with the aim of establishing coal resources; |
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