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Yari Minerals Limited (ASX: YAR) has received regulatory and landholder approvals to start its inaugural drilling campaign at the Rolleston South Coal Project in Queensland’s Bowen Basin. The project, located about 15 km from Glencore’s Rolleston Mine, benefits from strong transport infrastructure linking it to Gladstone Port. Managed by Xenith Consulting, the drilling program includes six reverse circulation and diamond drill holes totaling 2,000 meters. Its primary objectives are to upgrade the existing 190 Mt JORC Inferred Resource to Indicated status, confirm coal quality through metallurgical testing, and conduct geotechnical studies. Yari has already begun logistical preparations, including drilling pad setup. The project holds significant potential for high-quality semi-soft metallurgical coal and resource expansion. Yari’s management sees this as a key milestone in its strategic focus on coal, aiming to deliver long-term value for shareholders through exploration and future development.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.