🕐09.10.12 - 05:54 Uhr

CELSIUS COAL LIMITED [ASX: VRE] - COKING COAL POTENTIAL CONFIRMED





Fortbridge Media Release

Celsius Coal Limited [ASX: VRE] - Coking coal potential confirmed

Celsius Coal Limited (ASX: VRE) has released the first coal quality analyses received from its drilling programme at the Company�s Uzgen Basin Coal Project located in Central Kyrgyzstan.

Celsius Coal Limited officially changed its name from View Resources Limited on the 5th October 2012. The company�s ASX ticker code is expected to change from VRE to CLA within the next 2 days.

Highlights:
� Coking coal was confirmed by coal quality analyses from diamond drillhole DD12TK001 at the Tuyuk-Kargasha prospect (the only drillhole assay results received to date).
� Similar coking quality coal analyses were returned from one of two selected channel samples from trench and adit in the Tuyuk-Kargasha outcrop area.
� Promising washability results showing good density contrast were seen on all samples that were subjected to float sink testing (three to date).
� A preliminary comparison of DD12TK001, adit and trench channel analytical data with Soviet era data indicates a positive trend of confirming historical results of deposit wide high thermal quality, with promising coking coal qualities.
� Coal samples from diamond drillholes DD12TK003, DD12MT001, DD12MT002 and DD12MT003 are en-route to SGS laboratories in Russia.
� Diamond core from drillholes DD12TK002, DD12TK004 and DD12TK005 are all in the process of being logged and sampled and will be dispatched to the same SGS laboratory. Results of this work will be the subject of a later ASX release.
� Celsius to announce maiden JORC resource estimate and overall coking coal properties once all current and historic data interpreted

Please see the attached announcement for further information

For further information, please contact:

Ranko Matic
Company Secretary
Celsius Coal
T: +61 (08) 9226 4500

Media & Investor Relations

Bill Kemmery
Fortbridge
T: +61 400 122 449
Email:








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