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88娱乐城
The defined resource has also resulted in a 45% increase of the total JORC resource of the tenement, to land at 143.2Mt.
Since the August 2010 JORC resource review, a further 53 holes have been drilled resulting in a total of 80 holes drilled.
The company is focused on two areas of the deposit with the highest potential for economic coal at Mackenzie South and Mackenzie North East.
Stanmore Coal said the results retrieved from this year鈥檚 laboratory program compared with 2010 indicated a lowering of average yield to 26% over all seams with yields ranging from 11% to 71%.
Work is continuing to complete the laboratory program and determine which combination of seams is likely to produce an economic coking coal product.
Upon the completion of this, Stanmore Coal is planning a conceptual mining study to confirm potential discreet mining zones within the project area and investigate the project economics within these zones.
Stanmore Coal managing director Nick Jorss said the results of this year鈥檚 program were more varied from last year but there remained potential for development of discreet zones of coking coal.
鈥淭he 2011 drilling program has allowed us to identify areas with the highest potential for economic development and the 2012 work program will now be directed towards further testing of these zones鈥�
Construction of the mine is expected in 2013 with first coal due in 2015.
