Sakari reports Sebuku increased JORC reserves
Saturday, September 22 2012 - 03:56 AM WIB
By Romel S. Gurky
SGX listed Sakari Resources recently reported the results of the recently completed JORC exploration program on the Northern Leases of their Sebuku concession.
The JORC coal reserves statement completed on June 30, 2012 released in a statement to the SGX dated September 20 contains proven reserve of 22.1mt, probable reserve at 9.4mt, total ROMM at 31.5mt and marketable reserve at 26.5mt.
These highly increased from the results of previous JORC reserves as of Dec. 31 2011 where proven reserve was measured at 1.6mt, probable reserve at 5.5mt, total ROMM at 7.1mt and marketable reserve at 6.0mt.
Editing by Er Audy Zandri