Exploration
Compliance completed a $750,000
exploration program on block A and block B of the Bear metallurgical
coal deposit. A total of 20 drill holes were completed in
block A while block B saw 9 holes drilled.
ResourceEye Geological
Services Inc. prepared a geological report that updated the
resource estimates to include this
2005 summer drilling program. While not 43-101 compliant,
this report confirmed 5.0 million tonnes would be accessible
by
open pit methods. Some additional infill drilling will be
required to upgrade this report to a 43-101 status. |
