AUSTCHINA HOLDINGS LIMITED has upgraded the Resource Statement for its
Blackall Coal Project to 31 May 2020.
Drilling in 2019 confirmed the shallow and relatively flat-lying nature of the Inverness
Deposit and provided the appropriate level of geological certainty to include 30 million
tonnes of Indicated coal resource.
Over 800Mt of the overall 1.3 billion tonnes coal resource are estimated to be at less
than 50 metres dep
AUH Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
