December 03, 2008
Churchill Mining East Kutai project has 250 million tonne coal
Churchill Mining Plc announced that the company’s initial target of 100 million tonnes of coal in various categories of JORC compliant resource at East Kutai Coal Project has been exceeded by 150%, with total coal resources to date being 250 million tonnes.
The estimate consists of 44 million tonnes of measured resource, 73 million tonnes on an indicated level and an inferred resource of 133 million tonnes.
Mr Paul Mazak MD of Churchill Mining said that "Such a significant early stage resource number reaffirms the company's confidence in the shear potential size of this project. Further drilling and exploration work should move much of the current resource categories into higher level categories and toward the 100 million tonnes mining reserve that the company is targeting."
