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BRAZIL INVEST 2012
21 - 23 May 2012
Hong Kong
Beacon Events
CIS COAL
22 - 24 May 2012
Moscow Russia
Informa Australia
COALTRANS MONGOLIA
23 - 24 May 2012
Ulaanbaatar, Mongolia
Coaltrans Conferences
THE 4TH ANNUAL DEEPWATER ASIA CONGRESS 2012
23 - 25 May 2012
Bali, Indonesia
SZ&W Group, China
COAL PROCESSING OPTIMISATION AFRICA 2012
28 - 30 May 2012
Johannesburg, South Africa
IQPC South Africa
ARGUS AUSTRALIA POWER GENERATION FUELS 2012
30 May 2012
Sydney, Australia
Argus Media
AMERICAS COAL CONFERENCE
3 - 5 June, 2012
Florida, USA
Ibarra Garrido Investments
COALTRANS ASIA
3 - 6 June 2012
Bali, Indonesia
Coaltrans Conferences
WORLD CLEAN COAL WEEK - INDIA FOCUS
June 13-15, 2012
Delhi
SZW Group
EURO COAL
20 - 21 June 2012
Berlin, Germany
Informa Australia
MINES AND MONEY - BEIJING
19-21 June 2012
Beijing. China
Beacon Events
GUNNEDAH COAL AND ENERGY
25-26 June 2012
Newcastle, Australia
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5TH ANNUAL CBM & UNCONVENTIONAL GAS
26 – 29 June 2012
Bali, Indonesia
IBC Asia
3RD MOZAMBIQUE COAL CONFERENCE
2 - 4 July 2012
Joaquim Chissano International Conference Centre, ...
Informa Australia
COAL MARKET IN INDIA – 2012
10 July 2012
Hotel The Imperial, Janpath, New Delhi
IBK Media, India
COLOMBIAN MINING CONFERENCE 2012
July 17 - 19, 2012
Irotama Resort Golf Marinal
Ibarra Garrido
MYANMAR MINING & MINERALS
23-24 July 2012
Myanmar
Centre for Management
KALIMANTAN COAL
4 - 5 September 2012
Balikpapan, Indonesia
Informa Australia
UNCONVENTIONAL OIL & GAS 2012
12 -15 September 2012
Zhengzhou, China
Global Industry Connects - China
APCIO 2012
19 - 21 September 2012
China
CBI China
COAL TRADING 2012
25-27 September 2012
Singapore
Coaltrans Conferences
WORLD CLEAN COAL WEEK - CHINA FOCUS
November 5-8, 2012
Beijing
SZ&W Group
U GAS 2012
5-8 November 2012
Bejing
SZ&W Group
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's disclosure, the Agreement relates to two exploration licences (PT. Tata Borneo Wikajaya (5500 ha) & PT. Tata Buana Kharisma (10000 ha)) in the Long Bagun District, Kutai Barat Regency in East Kalimantan Indonesia.
The Project lies to the south west of the Mahakam River and in close proximity to the Mamahak Village, an area known to produce semi soft coking coal.
Highlights:
Potential to acquire up to 100% ownership in two coal exploration licences in East Kalimantan
Vendors to be paid A$800,000 via an issue of 4,000,000 Shares at a deemed issue price of A$0.20, a 90% premium to the last traded price for the acquisition of the initial Stage 1 Interest
Exploration licences are in close proximity to the Mamahak semi-soft coking coal mine
The exploration licences cover a total land area of 15,500Ha (155km2)
The Company will undertake a technical due diligence work program on the exploration licences
Company remains fully funded with approximately A$3.75m as at December 2011
About EPIC
Epic Resources is an Australian-based exploration company that was initially established to acquire, explore, evaluate and exploit uranium-REE deposits and explore prospective uranium tenements and other minerals.
Epic Resources entered into a Farm-in Agreement with Cazaly Iron Pty Ltd (Cazaly), pursuant to which the Company has a right to earn a 75% interest in the Quartz Hill Project.|
In addition to seeking to earn a 75% interest in the Quartz Hill Project and as outlined in the Company’s Prospectus, the Company intends to pursue new projects in the resources sector, both in Australia and overseas, by way of acquisition or investment.
These projects may include other types of minerals including, without limitation, coal, iron ore, copper, gold, manganese, tin, nickel, potash and tungsten.
For more information, visit www.epicresources.com.au
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