New Age Exploration Ltd has sold its Lochinvar coking coal project on the England-Scotland border to Paladar Trading Ltd. STRATEGIC NAE, which last year announced it was in talks for a deal, signed a binding share sale agreement for 100% of the issued capital of its wholly owned subsidiary Lochinvar Coal Ltd. Lochinvar holds contiguous […]
Tag: New Age Exploration Ltd (NAE)
NAE in talks over proposed deal for Lochinvar
New Age Exploration Ltd (NAE) said it was in several talks on a proposed deal for the Lochinvar coking coal project on the border of Scotland and England. LOCHINVAR The Australian group owns 100% of three contiguous exploration and conditional underground mining licences known as Lochinvar, Lochinvar North and Lochinvar South. A resource of 111 […]
NAE Lochinvar remains ‘commercially robust’
New Age Exploration Ltd said it had received a positive review of a 2014 scoping study, as previously updated in 2017, of its Lochinvar coal project. COSTS NAE owns 100% of three contiguous exploration and conditional underground mininglicences known as Lochinvar, Lochinvar North and Lochinvar South on the border of Scotland and England. A previously […]
NAE orders revised scoping study on Lochinvar
New Age Exploration Ltd (NAE) said it had commissioned a new study of its 100% owned Lochinvar coking coal project which had drawn fresh interest from investors. LOCHINVAR The project comprises three adjacent exploration and conditional underground mining licences of Lochinvar, Lochinvar North and Lochinvar South on the border of England and Scotland. SCOPING STUDY […]
NAE outlines current Lochinvar coal licences
New Age Exploration Ltd has outlined its current licences for coking coal mining on the border of Scotland and England. DECISION In its quarterly report for 2021, the Australian miner reported no activities at the sites with its main focus remaining on Australia and New Zealand. A Coal Authority decision is still pending on NAE‘s […]