Proactive Investors reported that Australian energy company Eneabba Gas Limited has been granted additional tenement acreage in the Perth Basin by the West Australian Department of Mines and Petroleum with the Grant of Exploration Licence E 70 / 3654.
This additional acreage increases the total area of Eneabba Mining Private Limited tenements to 1,175 square kilometers. This tenement will also, once confirmed by DMP, become part of the Combined Reporting Group C 240 / 2007, known as the Sargon tenements.
Mr Mark Babidge MD of Eneabba Mining said that the extension is important along with tenement E 70 / 3314, to maximize the future potential of coal resources that have already been delineated in tenement E 70 / 2758, which has been the subject of a JORC Resources study in that area.
