Realm Resources increases Katingan coal resources
Wednesday, January 18 2012 - 07:37 AM WIB
Australia-listed firm Realm Resources Ltd reported Wednesday that inferred coal resources have increased from 40 million tonnes (MT) to 79 MT at the company?s Katingan Ria coal project in Central Kalimantan.
Katingan Ria is an advanced thermal coal exploration project. The project is central to Realm?s strategy to become a coal producer in 2012 and ultimately a mid-tier Asia Pacific bulk commodity company, the company said.
Exploration work by Realm at Katingan Ria has been carried out in 2 Phases: Realm completed its first stage of exploration activities in November 2011. This programme included a total of 28 holes including 9 cored holes. Drilling in the south identified 3 seams (Main, No. 2 and No. 3 seams). An additional seam overlying with the Main seam was intersected towards the centre of the site. The Main seam remains the target seam.
In the north, multiple seams were intersected including the main seam. This was overlain by a series of 4 to 5 seams with a cumulative total of approximately 11 metres of coal. Initial modelling in the north showed the seams dipped gently to the west.
Realm commenced the second phase of exploration work in December 2011. The scope of this work is broadly targeted at achieving the following: Up to 17 holes (6 cored holes) planned to improve the quality data for the main seam and upper seams in the north and allow completion of the inferred resource estimate for the main seam and undertake a Lidar Radar survey to improve the topographical model for the site and associated areas for resource definition, mining and civil design work.
Editing By Denny H. Tarigan
