TVN Corporation extends coal seam over 2.4km at Nuurst Project in Mongolia
TVN Corporation (ASX:TVN) has reported a 97.5 metre thick coal sequence from latest drilling at the Nuurst Project in Mongolia.
Hole NDH 05 intersected the 97.5 metre thick coal sequence which includes a cumulative down hole coal seam thickness of 36.6 metres.
Hole NDH 05 was drilled 800 metres further north along strike from the previously reported hole NDH 04. This extends the known coal seam development a further 800 metres north.
Coal seam development is now defined over 2.4 kilometres of strike length. Assays from NDH 04 show consistent coal quality.
With a significant overall strike length now defined, the focus of exploration efforts will move to the southern end of the known coal seam development to delineate the seam profile across the Licence area.
Hole NDH 06 (currently being drilled) is testing the coal thickness proximal to the coal present in the first trenches.
The Nuurst Project is a 3,451 hectare exploration licence located 120kms south of Ulaanbaatar in an area with a number of operating coal mines.
Nuurst is 6 kilometres from existing rail infrastructure providing low cost access to the key coal export markets of China, South Korea and Japan. TVN has entered into an option agreement to purchase the Nuurst Project.
Hole NDH 05 intersected the 97.5 metre thick coal sequence which includes a cumulative down hole coal seam thickness of 36.6 metres.
Hole NDH 05 was drilled 800 metres further north along strike from the previously reported hole NDH 04. This extends the known coal seam development a further 800 metres north.
Coal seam development is now defined over 2.4 kilometres of strike length. Assays from NDH 04 show consistent coal quality.
With a significant overall strike length now defined, the focus of exploration efforts will move to the southern end of the known coal seam development to delineate the seam profile across the Licence area.
Hole NDH 06 (currently being drilled) is testing the coal thickness proximal to the coal present in the first trenches.
The Nuurst Project is a 3,451 hectare exploration licence located 120kms south of Ulaanbaatar in an area with a number of operating coal mines.
Nuurst is 6 kilometres from existing rail infrastructure providing low cost access to the key coal export markets of China, South Korea and Japan. TVN has entered into an option agreement to purchase the Nuurst Project.
Comments
Post a Comment