ROB announcement states:"The coal seams of the Mongol–Altay...

ROB announcement states:

"The coal seams of the Mongol–Altay Basin are characterised by high to low volatile bituminous coal. Moisture contents of coal deposits in the basin range from 1.1 % to 4.7 % and volatile matter content ranges from 14.8 % to 34.4 %. The Mongol – Altay coals have a calorific value ranging from 29.7 to 35.2 megajoules per kilogram (“MJ/kg”) and ash content ranging from 11.6 % to 33.2 %. The maximum vitrinite reflectance ranges from 0.86 % to 3.66 %. Sulphur content is typically low averaging 0.6 % and does not exceed 1 %."

"Pursuant to the 1987 mapping:

• the coal bearing strata in the Tsagaan Gol area is reportedly 200 m thick and extends for 7 km along strike from east to west. The western part of the area is covered by 100 m thick sediments. Three coal intervals of 20 m, 8 m and 10 m thickness were identified in one trench. Further exploration and feasibility studies will be required to determine the extent of the occurrence within the Project;"

the HUN prospectus states (p44) (p47)

The coal seams of the Mongol–Altay Basin are characterised by bituminous coals with a volatile matter in the range of 14.8% to 34.4%. Moisture contents of coal deposits in the basin range from 1.1% to 4.7%. The Mongol – Altay coals have a calorific value ranging from 7,094 to 8,407 kilocalorie per kilogram (“kcal/kg”) and ash content ranging from 11.6% to 33.2%. The maximum vitrinite reflectance ranges from 0.86% to 3.66%. Sulphur content is typically low averaging 0.6% and does not
exceed 1%.

The Khuurai Sair deposit was identified by Russian geologists during the 1980s in an area lying 3.5 km south of Undur Tsakhir Mountain (height - 2,358.2 m) at 96°15’30”N, 45°50’00”E. The occurrence was mapped, trenched, and drilled around this time, with coal samples collected and analysed. Xstract has been advised that the records of these activities are not available and the following comments are from summary information outlined in Adamas reports.

“The coal bearing strata is reportedly 200 m thick and extends for 7 km along strike from east to west. The western part of the area is covered by 100 m thick sediments. Three coal intervals of 20 m, 8 m and 10 m thickness1 were identified in one drillhole (number 13)”.