The Directors of TVN are pleased to announce the following additional information pertaining to the exploration and due diligence of its Nuurst Project in central Mongolia. The second hole (NDH-02) was drilled to a final depth of 314m, still within coal measures, comprising a sequence of multiple coal seams 192 metres thick. Within this sequence there is a cumulative coal thickness of 148m, including a single coal seam thickness of 115.5 m. Based on bedding within the drill holes, the various seams appear to dip from 20 to 30 degrees and no true thickness has yet been determined. NDH-02 is located 400 m north and along strike of the previously announced hole NDH-01. NDH-02 clearly indicates an extension of the substantial coal seam intersected in NDH-01.
TVN Price at posting:
6.9¢ Sentiment: Buy Disclosure: Not Held
