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16 Feb 2010

Initial Coal Resource at Panorama Coal Project

Anglo Pacific Group PLC ("Anglo Pacific Group" or "the Company") is pleased to announce an initial potentially open pittable coal resource estimate for the Discovery Section of the Panorama Coal project located in the Groundhog Coalfield northwest British Columbia, Canada.

• Initial NI43-101 & JORC compliant Indicated Coal Resource of 13.7 million tonnes, Inferred Coal Resource of 24.1 million tonnes and a NI43-101 compliant Speculative Resource of 70.2 million tonnes at the Discovery Section of the Panorama Coal Project.

• Historical studies indicate a low volatile anthracite to semi-anthracite coal which washes down to an ash of 10% and a calorific value of around 7,500Kcal/kg.

For full details of the announcement please click here.

For the full technical report, please click here.

 
 

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