Guildford Coal Ltd : GUF ASX Announcement - Mining Update in Mongolia
19 November 2012
Company Announcements Platform
Australian Stock Exchange
10th Floor, 20 Bond Street
Sydney NSW 2000
Suite C1, 1 Honeysuckle Drive, 'The Boardwalk' Newcastle NSW 2300
PO Box 509, Newcastle NSW 2300
Telephone: 02 4914 5910
Facsimile: 02 4925 3505 www.guildfordcoal.com.au Mining Update - Mongolia
Please see attached announcement from the Guildford's Mongolian subsidiary which provides a further update on progress to mining in the South Gobi Project including the estimation of a maiden JORC resource for the East Pit and the engagement of Leighton's to conduct whole of mine services on the East Pit.
Guildford Managing Director Mick Avery said that, "The development of the East Pit in parallel to the North Pit in the South Gobi Project is a very positive outcome for Guildford which should result in our Mongolian subsidiary producing coking coal from two pits in 2013".
For and on behalf of Guildford Coal Limited
Mr Louis Chait
Finance Director and Joint Company Secretary
T: +61(2) 4914 5910
MINING UPDATE
19TH NOVEMBER 2012
BOARD OF DIRECTORS
PRINCIPAL CONTACT
Chairman: C Wallace MD: M Avery Non-Exec: T Togoo
Non-Exec: K Ankhbayar
Non-Exec: M Chester
Comp Sec: L Chait
COO:- P Goodman
Mick Avery - MD
Phone: +61 (2) 4914 5910
HIGHLIGHTS
Company Announcements Platform
Australian Stock Exchange
10th Floor, 20 Bond Street
Sydney NSW 2000
Suite C1, 1 Honeysuckle Drive, 'The Boardwalk' Newcastle NSW 2300
PO Box 509, Newcastle NSW 2300
Telephone: 02 4914 5910
Facsimile: 02 4925 3505 www.guildfordcoal.com.au Mining Update - Mongolia
Please see attached announcement from the Guildford's Mongolian subsidiary which provides a further update on progress to mining in the South Gobi Project including the estimation of a maiden JORC resource for the East Pit and the engagement of Leighton's to conduct whole of mine services on the East Pit.
Guildford Managing Director Mick Avery said that, "The development of the East Pit in parallel to the North Pit in the South Gobi Project is a very positive outcome for Guildford which should result in our Mongolian subsidiary producing coking coal from two pits in 2013".
For and on behalf of Guildford Coal Limited
Mr Louis Chait
Finance Director and Joint Company Secretary
T: +61(2) 4914 5910
MINING UPDATE
19TH NOVEMBER 2012
BOARD OF DIRECTORS
PRINCIPAL CONTACT
Chairman: C Wallace MD: M Avery Non-Exec: T Togoo
Non-Exec: K Ankhbayar
Non-Exec: M Chester
Comp Sec: L Chait
COO:- P Goodman
Mick Avery - MD
Phone: +61 (2) 4914 5910
HIGHLIGHTS
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