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Company NewsMonday, February 09, 2009 SouthGobi Energy reported an initial independent National Instrument 43-101 compliant resource estimate for its Mamahak coal project in East Kalimantan, Indonesia. The SW and E resource blocks on the Mamahak concession contains measured plus indicated coal resources of 12.2 million tonnes, with an additional inferred coal resource of 5.2 million tonnes. A recent bulk sample from the SW resource block within the MCM concession has confirmed high-volatile metallurgical coking coal amenable to surface mining. SouthGobi has a 85% working interest in the Mamahak Joint Venture and has provisions in the joint venture agreement to increase its working interest to 100%.
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