mongolia- mining boom mk3, page-2

Nice one black diamonds. The quality of hole 09R is quite important as where the thick coal is found, especially if coking property is confirmed. If you look at several Aspire (AKM) reports, our coal does match with AKM. For instance, the 20-Jan-2012 announcement by AKM regarding the coking coal in Ovoot has the following properties:

Preliminary results are tabled below:
??Low Total Moisture
?< 1% (ar)

?Medium Volatile Coal
?17 to 30% (adb)

High CSN’s
7 to 9
?
Variable Ash
14% to 50% (adb)
?
Calorific Values
?3,800 to 7,000 kcal/kg (adb)

Look like the geology is quite complicated that we are still on hit and miss exploration drilling. The fault/bend could bring up or down the coal strata in depth. The surface mapping is high uncertainty in nature any way so this drilling/trenching will help geologist to understand it more. The 20m of coal strata could be thrown down by the faults at other places. Let see what early Monday report (if there is) brings.
?