Hunnu Coal intersects multiple coal seams at Tsant Uul Project

Hunnu Coal (ASX:HUN) has reported the initial test results of coal quality analyses performed on samples taken from the due diligence drill cores at the Tsant Uul Coking Coal Project in southern Mongolia, demonstrating similarities to coals at the giant Tavan Tolgoi Coking Coal Field.

Tsant Uul is strategically located within 40 km of Tavan Tolgoi in the Umnugobi Province. An extensive drilling programme is to commence in the coming weeks with the aim of generating initial JORC resources and further coal test work.

The company's drilling programme included seven diamond core holes, five of which intersected multiple coal seams ranging from 0.5m to 25.22m in thickness starting from as shallow as 7.8m from the surface. Drilling core samples were analysed at Alex Stewart Laboratory in Mongolia for the coal parameters.
The coal quality analyses of five drill core samples showed Total Moisture = 5% to 6.9%, Ash = 15.2% to 36%, Volatile Matters = 26.1 to 29.6%, Fixed Carbon = 36.2% to 50.7%, Sulfur = 0.3% to 0.55% and the gross Qdaf = 6,990 kCal/kg to 7,466 kCal/kg, and CSN = 0 to 1.5.

Tsant Uul Coking Coal Project has an exploration target of 50Mt to 100Mt of coal.

The company recently acquired a 90% interest in Tsant Uul, which covers over 59,000Ha in the world class South Gobi Coal Province of southern Mongolia.

There is existing road haulage to China peripheral to project and a proposed rail line to China will also be located nearby.

The Tavan Tolgoi Coking Coal Field is estimated to contain over six billion tonnes of coking and thermal coal.

Hunnu Coal is aiming to become a major force in the exploration and development of coking and thermal coal deposits in the world class South Gobi and Middle Gobi Coal Provinces.

George Tumur, managing director, said the company has set a timetable of developing three coal mines in Mongolia within the next four years.

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