Sydney, Jan 18, 2011 （ABN Newswire） - Emerging bauxite exploration and development company, Australian Bauxite Limited （ASX:ABZ） （ABx） has commenced an aggressive 2011 drilling campaign on schedule today in good weather at its fast developing bauxite project at Taralga, near Goulburn, southern NSW. The 2010 drilling campaign ended in Queensland and Tasmania in mid December 2010 and all drilling rigs were sent to Adelaide for full servicing in readiness for the start of the 2011 drilling program. All rigs are operational.
There has been no disruption to ALS Laboratories which analyses the company's bauxite results and results continue to be produced in a timely manner. Results are pending from the drilling done at Binjour and Tasmania in the days before drilling ceased in mid December 2010. These will be reported as available.
Managing director and CEO, Ian Levy said: "Company staff have monitored the impacts of flooding in Queensland, northern NSW and Tasmania by remote sensing techniques, a few safe site inspections and by landholder communications. The bauxite deposits have remained dry but access in Queensland and Tasmania was temporarily restricted by highway closures due to flooding in low lying areas. The exploration team's decision, based on experience, to close-down the two rigs at Binjour in QLD and Tasmania in mid December and recommence drilling at Taralga in southern NSW in mid January has been vindicated. We don't want either rig delayed during our massive 2011 drilling campaign."
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