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Elixir Energy (ASX:EXR) hits coal sub-basin at Nomgon SubscribeBe the first with the news that moves the market Elixir Energy (EXR) discovers a new coal-bearing sub-basin at its Nomgon project in Mongolia The company found the presence of coal through two strat-holes, Kingston-1S and Kingston-2S, which intersected 12 metres and 8 metres of coal, respectively Notably, the Kingston 2S well is the deepest well that Elixir has drilled to date at the project Later this year, Elixir is planning to drill a core-hole in the Kingston sub-basin to measure its gas content and permeability Just before the market opens today, Elixir last traded at 23.5 cents per share

Neil youngElixir energyBed methaneProduction sharing contractDirector neil youngநீல் இளம்அமுதம் ஆற்றல்படுக்கை மீத்தேன்ப்ரொடக்ஶந் பகிர்வு ஒப்பந்தஇயக்குனர் நீல் இளம்