The project’s major inferred resource increased from 35Mt to 60Mt at the Kokkia deposit while a 5Mt increase of the inferred resource at the Kargasha deposit has taken the inferred resource estimate to 235Mt.
Using the advanced Vulcan resource modelling package, Australian technical coal specialist resource estimation firm G&S Resources completed the coal resource statement.
Celsius Coal technical director Alistair Muir said that much of the aim of this year’s drilling program was the first exploratory work in the Kokkia area of the Uzgen Basin coking coal project.
"We’re very happy with the 140% increase in inferred resource in this area of the deposit, and this builds upon the favourable coal quality data we have received from the drilling works to date, both at Kokkia and Kargasha," Muir added.
The company will continue with coking laboratory test work and has started open pit mining studies on the Kokkia deposit, and auger mining studies on several prospective areas of both deposits.
