🕐02.06.10 - 01:54 Uhr

Hunnu Coal [ASX: HUN] - Further Expansion in the South Gobi Coal Province, Mongolia



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Hunnu Coal [ASX: HUN] - Further Expansion in the South Gobi Coal Province, Mongolia

Hunnu Coal (ASX: HUN) has acquired a 60% interest in the Tsohio Coal Project, which is located approximately 40km south of the Companys Khuree-2 coal project in the Umnugobi Province of Mongolia.

Highlights:

* Located between the Giant Tavan Tolgoi Coking Coal Field and South Gobi Energy Resources Coal Field.
* 60 km north of Mongolian-Chinese border.
* Granted Exploration License with an area of 38,600Ha.
* The Tsohio Coal project is highly prospective for both coking and thermal coals.
* The Company has discovered an outcropping coal seam that is approximately 3km in strike length.
* The Tsohio Coal Project has an Exploration Target* of 50Mt to 75Mt.
* Company is currently planning an aggressive exploration programme.

The Tsohio Coal Project is located forty kilometres to the south of Hunnu Coals Khuree-2 Coal Project, where the Company is currently undertaking a mapping and geophysics exploration programme.

The Tsohio Coal Project has had limited past exploration.

Due diligence work by Hunnu Coal has discovered a coal seam outcrop that is approximately 3 km in strike length.

This coal seam has also been intersected in a single trench with a thickness of approximately 5 metres.

Based on this work the Company has an Exploration target for the Tsohio of 50Mt to 75Mt.

See the attached announcement for more details.

For further information, please contact:

Matthew Wood
Executive Chairman
E-mail:
Tel: +61 8 9200 4267

Media:
Fortbridge +61 2 9331 0655
Bill Kemmery +61 400 122 449

Luke Dean +61 414 535 433


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