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Churchill Mining East Kutai coal project drill intercepted 33m

http://www.iii.co.uk/shares/?type=news&articleid=6 [2008-7-29]

Tag : and mining equipment
Churchill Mining Plc. said Monday thelatest drilling at its East Kutai coal project in Indonesia hasintercepted a 33 metre thick coal seam and that further drilling isunderway to test extent of the new seam.
It added access into the main areas defined as the "reservetarget area" is close to being established, with heavyequipment working to open access to allow rapid drill rigdeployment.
Churchill Mining further said the number of significant coalintercepts being returned from the recent drilling shows thepotential of the East Kutai concession areas has not yet been fullyrealized.
It added that due to the thickness of the newly discovered seam itexpects it will be able to quickly add more tonnage to the overallEast Kutai resource and take it well over the current 250 milliontonnes.

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