Hunnu Coal has 11 drill rigs at work in Mongolia
Hunno Coal (ASX: HUN) has upped the pace of drilling at its coal projects in Mongolia with eleven rigs operating on various projects in the Middle and South Gobi Coal Provinces, aimed at generating initial JORC resources.
Hunnu has completed 71 drill holes for 6,022 metres at the Unst Khudag Coal Mine, where four drilling rigs are currently operating.
Within Unst Khudag the Har Toirom discovery has a coal seam thicknesses average 30 metres in combined thickness, with total thicknesses up to 47 metres.
Initial JORC resources are expected to be completed for both the Unst Khudag Mine and the Har Toirom discovery in the last quarter of 2010, with Hunno estimating an exploration target of 250Mt to 500Mt of coal for the Unst Khudag Project.
Hunno has completed 20 drill holes for 3,654 metres at the Tsant Uul Coking Coal Project, where five drilling rigs are currently operating.
The coal seams have a combined thickness of approximately 30 metres. Seam 1 and Seam 3, which are the larger of the three seams, are both showing coking properties in initial early stage test work.
A JORC resource study for Tsant Uul is expected to be completed prior to the end of this year with scoping and development studies to commence early in 2011, with Hunnu estimating an exploration target of 50Mt to 100Mt of coal.
Hunnu has completed 15 drill holes for 2,132 metres at Tenuun-2, with two rigs operating.
Initial test work indicates a high quality black thermal coal, with Hunnu estimating an exploration target of 25Mt to 50Mt of coal, with an initial JORC Resource is expected towards the end of this year.
In total, Hunnu has completed 106 drill holes for 11,808 metres of drilling.
The aggressive drilling program of known coal deposits is allowing Hunnu to meet its aim of becoming a major force in the exploration and development of coking and thermal coal deposits in South Gobi and Middle Gobi Coal Provinces.
Hunnu has announced an aggressive timetable for developing three coal mines in Mongolia, within the next four years.
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