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Lemur Resources Limited is focused on the development of the Company’s significant coal assets in Madagascar. The Company is planning to develop a thermal coal mine at its 99% owned Imaloto Coal Project, located in the Imaloto Coal Basin in Madagascar, which currently has a resource of 135.7 million GTIS of which 90.7% is measured and indicated (91.6mt measured and 31.5mt indicated). Lemur’s Board and management have significant experience in developing mining projects in Africa. The Company listed on the ASX in August 2011.
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