Caledon Resources – Update on Wiggins Island

Caledon Resources – Update on Wiggins Island

Caledon Resources plc, the AIM (CDN) and ASX (CCD) listed Australian coking coal producer announces it has received a letter from Wiggins Island Coal Terminal Pty Ltd advising that Caledon’s tonnage application, as submitted, is likely to satisfy the Expression of Interest criteria necessary to be included in Stage 1 of the proposed new Wiggins Island coal port development.

This preliminary assessment is not a guarantee of allocation capacity; however, it is a positive step in that process.

The timing of Caledon’s Minyango project is linked to the development of the proposed new coal loading terminal at Wiggins Island (in the port of Gladstone) which is currently forecast for commissioning in 2013.

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