SOURCE: Industrial Info Resources

Industrial Info Resources

November 05, 2013 06:30 ET

Tellus Holdings Limited Begins Definitive Feasibility Study on Chandler Salt Mine in Northern Territory, an Industrial Info News Alert

PERTH, AUSTRALIA--(Marketwired - Nov 5, 2013) - Researched by Industrial Info Resources Australia (Perth, Australia) -- Tellus Holdings Pty Limited (Sydney, New South Wales) has begun the definitive feasibility study (DFS) for the Chandler Salt Mine Project. The DFS will be performed in two phases: Phase I will comprise the mine planning and drilling of up to three cored salt wells 984 yards (900 meters) deep; Phase II will include the engineering study, resources statement, conceptual mine design update and final decision from the board of directors. The purpose of the Phase I study is to deliver in-depth information from the existing pre-feasibility study (PFS). The PFS was carried out by URS Australia Limited (Sydney).

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