COK - increased JORC resources. Back trading at 12.50pm
SURAT PROJECTS: 119 MT JORC INFERRED RESOURCE IN TIN HUT CREEK PROJECT
AND 76 MT JORC INFERRED RESOURCE IN THE DAVIES ROAD PROJECT
Highlights
Increase in total of all classifications of JORC Resources in the Surat projects to 415.7
million tonnes, up 24% from 335.2 million tonnes.
A 118.6 million tonne JORC Inferred Resource has been defined for the Tin Hut Creek
project in EPCs 1134 and 813 (MDLA 430), with a strip ratio of 7.4:1 to a depth of 150
metres, over an area of 1,029 hectares.
The Tin Hut Creek Resource represents a 55.3 million tonnes, or 47%, increase on the
previously announced resource.
The Tin Hut Creek Inferred Resource is now in excess of 7.0 kilometres in length and up
to 2.5 kilometres wide and remains open to the north, south, east and west.
MDLA 430 has been lodged over the Tin Hut Creek project in EPCs 1134 and 813.
Purchase of freehold title within the Tin Hut Creek project area.
Nineteen drill holes completed for 2,070 metres since the last update, located in the Tin
Hut Creek project area.
The Tin Hut Creek project drilling program, comprising open holes and coal quality core
holes, is set to recommence following ground conditions improving after the wet weather
experienced in February and March.
A 75.6 million tonne JORC Inferred Resource has been defined for the Davies Road
project in EPCs 1041 and 813, with a strip ratio of 9.5:1 to a depth of 150 metres, over an
area of 724 hectares.
The Davies Road Resource represents a 25.2 million tonnes, or 33%, increase on the
previously announced resource.
MDLA 433 has been lodged over the Bottle Tree project in EPC 813.
Four hundred and forty six holes drilled in the Surat Basin projects for 55,280 metres.
Recent drilling has cumulative down hole coal intercepts of up to 15.9 metres with an
average thickness of 9.1 metres.
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