Cuesta Coal (ASX:CQC) announced the start of its exploration activities at the wholly-owned Eastern Galilee Project located in Queensland.
As quoted in the press release:
Coal has now been intersected over a north‐south strike length of ~4.5km and remains open to the south. Cuesta will complete a further 13 open holes with exploration activities focusing on identifying seam thicknesses, lateral extent in both a easterly and westerly direction, regional seam dips and in areas of maximum coal thicknesses, coring will be completed to attain coal quality information.
Love It Or Hate It: 40% Of Electricity In The United States Is Generated From Coal. China uses even more.
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