SIGNIFICANT INCREASE IN CLEAN COAL YIELD CONFIRMED BY COAL
QUALITY TEST PROGRAM AT VISTA
Highlights:
· Overall clean coal yield increases substantially to 56%, up from previous estimate of 50%
· The increased clean coal yield is expected to lead to increased marketable coal reserves, which is currently being confirmed as part of the Bankable Feasibility Study
· Further testwork on McLeod seam confirms its suitability for export thermal markets – this seam was previously thought suitable only for domestic market
· Extensive coal quality testing supervised by leading industry specialist, included a three tonne bulk sample and over 1,200 raw coal data points encompassing all regional areas in Vista and included washability testing, clean coal analysis and attrition testing
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