Miner waits for the SCL dust to settle
NEWLAND Resource’s Cullin La Ringo is the latest Exploration Permit for Coal to be granted on Strategic Cropping Land in the Golden Triangle, and the company accepts the controversy of the permit.
Slotted neatly between the two new Resolve Energy permits were discovered last week along the Emerald-Springsure Rd, the latest, EPC1720, was amazingly granted just a couple of weeks ago, despite farmers in the area being promised the highest level of protection months prior.
Newland Resources general manager Gavin May said the company was fortunate the EPC was one of its lower priority leases.
“I accept the need for Strategic Cropping Land legislation and I firmly believe that we need to strike a balance between exploration, agriculture and community,” Mr May said. “We have no plans to rush out there right now and start drilling.”
Mr May said he was not sure how SCL legislation would affect the exploration when it did progress but said Newland would work within the guidelines legislated.
“I think the intention of Strategic Cropping Land policy is right and correct, at this stage it is a bit vague, but I believe you have to work with the community you operate in and be prudent at all times,” Mr May said.
“We’re fortunate that we have a couple of other priority projects that our resources are devoted to for the time being, and we will wait to see how things progress from there.”
Mr May said Newland could turn its attention to EPC1720, just south of Gindie, within six months.
Comet Ridge and Spring Creek are the two priority Newland Resources Bowen Basin projects for the time being, he said.