AQC 0.00% 14.0¢ australian pacific coal limited

Ann: AQC - Blackwood Resources JV Update for East, page-2

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    re: Ann: AQC - Blackwood Resources JV Update ... At last :-)

    Just a snippet from announcement:

    '6 February 2012: Cuesta Coal Limited (‘Cuesta Coal’) is pleased to announce the results of the initial maiden JORC resource estimate for the company’s East Wandoan project in the Surat Basin in Queensland (Figure 1).

    The EastWandoan project consists of EPCs 1955, 2237 and EPCAs 1987, 2481. The independent estimate, carried out by Encompass Mining Pty Ltd (‘Encompass Mining’), estimated a total inferred coal resource of 23.9Mt calculated in accordance with the JORC code.

    The estimate is in line with Cuesta Coal’s expectations.
    The total of the Company’s Inferred Resource across the Moorlands and East Wandoan projects now totals 51.2 Mt"
 
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