Australia’s Fox Resources starts drilling at Bundaberg coking coal project

Australian exploration company Fox Resources has started drilling at its Bundaberg project in Queensland, the miner said on Friday November 29.

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The Australian Stock Exchange-listed diversified miner, which also operates nickel, iron ore, copper and gold projects in Australia, said that the drilling program has been delayed by “unforseen regulatory hurdles”.

Fox acquired the Bundaberg tenement from US iron ore and pellet producer Cliffs Natural Resources joint venture company Currawong Coal in December 2012.

The company said it expects assay results from the drilling programme in early 2014.

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