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VAL COAL

Key Facts
Status: Exploration
Type of Work: Surface
Location: Mongolia
                 

Commodities: Coal
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Latest Information
September 29, 2008
Reported that a total of 6 holes for 470 metres have been completed so far, spread out along 1 kilometre of strike of the outcropping coal. Mapping and trenching work has uncovered coal over 8 kilometres in this region and shows that the system consists of multi-layered coal seams with up to 19 metres apparent thickness. Hole VAL005 has intersected a total of 4 seams with apparent thickness of greater than 4 metres, being 9 metres, 7 metres, 4 metres and 19 metres in a hole of total depth of 96 metres. As of Aug19/08, announced that drilling has commenced. The drill program is planned to include a total of twenty-five 200 metre deep drill holes in 12 sections along the 8 kilometres of outcrop.

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