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Coal deposits at Ovoot Tolgoi called more significant than in past appraisals |
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Friday, 01 August 2008 |
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South Gobi Energy Resources
Ltd. (CA:SGQ) announced higher than expected coal deposits have been
discovered at its Ovoot Tolgoi site.
A new report shows that Ovoot
Tolgoi's West Field now contains coal deposits of 193.2 million tonnes,
with an additional Inferred coal deposit of 138.8 million tonnes of
coal.
Explorations were drilled to
depths of 250 metres.
Company officials have identified
three coal products for export from the Ovoot Tolgoi mine - thermal
coal, premium thermal coal and metallurgical coal.
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