Atrum adds to Groundhog resource
PERTH (miningweekly.com) – Coal developer Atrum Coal has increased the Joint Ore Reserves Committee-compliant resource at its Groundhog project, in Canada, by some 460%.
The ASX-listed company reported on Wednesday that the global coal resource for Groundhog stood at some 1.57-billion tons of measured resource, of which some 16-million tons were classified as measured, 553-million tons as indicated and 998-million tons as inferred.
“The size of the Groundhog deposit is extraordinary. The coal is generally shallow and exhibits an exceptionally high rank,” said Atrum technical director Eric Lilford.
Some 415-million tons of the resource is amenable to opencut mining, and occurs between 0 m and 100 m depth. Some 90% of the total 1.57-billion tons of resource occurs between 0 m and 300 m depth.
“As one of the largest undeveloped anthracite deposits in the world, Groundhog has the potential to be a strategic asset in the global metallurgical coal space. We have an exciting year ahead of us,” he added.
Atrum would now look to advance the current resource base with infill, reserve definition and large-diameter bulk drilling in subsequent exploration campaigns.
The company had also commissioned a conceptual economic assessment, which would likely be completed late in the second quarter.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation