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Atrum adds to Groundhog North resource

14th August 2015

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – Coal developer Atrum Coal has reported an additional 407-million tonnes of resource at its Groundhog North project, in British Columbia.

The resource estimate included 260-million tonnes of indicated resource and 147-million tonnes of inferred resource and was in addition to the 609-million tonnes already defined at the Groundhog North project.

“We have completed a Joint Ore Reserves Committee-compliant coal resource estimate for an additional area at Groundhog North. We are encouraged by the contiguous nature of the deposit, with shallow main target seams widespread throughout the region,” said Atrum executive chairperson James Chisholm.

“The anthracite is similar in nature to that of other areas of Groundhog North, being high-grade and ultrahigh-grade anthracite, and we are now using this information to complete a study focusing on lower-cost entry to mining at Groundhog.”

A scoping study for the Groundhog North project was currently being undertaken, the results of which was expected in the near future. The company was planning additional cored drilling and trenching activities to upgrade the confidence level of the scoping study to prefeasibility study level.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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