Elixir Energy Ltd (ASX:EXR) managing director Neil Young gives Proactive an operations update on the work underway at its 100%-owned Nomgon CBM Project in southern Mongolia. He says the Big Slope-7 appraisal well spudded just over a week ago has already intersected gaseous coal. Meanwhile, exploration drilling is ongoing at Bluebill-1 and this well has also intersected gaseous coal. Elixir’s CBM Project is close to the border with China.
Elixir Energy says results from both Mongolian wells are encouraging
