"Hodges Resources Ltd (ASX: HDG) has exercised its option with SNDP Manufacture Mining and Construction Services (PTY) Ltd ('SDNP') for the rights to acquire up to 99% of the Morupule South Coal project, through a joint venture agreement. They can earn up to 99% interest in a strategic coal project. Inferred JORC resource of 414 Mt's. Exploration Target of 700 to 800 Mt's."
Thursday 26 May 2011
Hodges Resources to acquire up to 99% of the Morupule South Coal project, Botswana
African Business News - MBENDI:
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