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Source: Hunnu Coal Date: May 27, 2010
Hunnu Coal Ltd. has acquired a 90% interest in the Tsant Uul Coal Project in the world class South Gobi coking coal province. The Project covers over 59,000 hectares and is located only 40 km to the south of the Tavan Tolgoi deposit and 6km from the present coal haulage road to China.
Hunnu said due diligence at Tsant Uul has included the drilling of seven diamond core drill holes for approximately 960 meters. Coal was intersected as close as 7.8 meters from the surface. Core samples have been submitted for test work and results are pending. The company is currently assessing further acquisition opportunities in the South Gobi.
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