Endocoal Limited [ASX:EOC] - UPDATING JORC RESOURCE – ROCKWOOD, July 2012
1. Highlights
- Rockwood JORC Resource increased 33% by 109.8Mt
to 447.1Mt
- 47.1Mt of the Rockwood JORC Resource is at ‘Indicated’
status
- Continuity of geological structures and coal seams has been
confirmed
- Future drilling to focus on proving-up potential mine development
areas
- Preliminary mine investigations to target prospective locations for
development of a PCI product coal mine
- Total EOC JORC Resource increased to
498.5Mt – with 90.5Mt now at ‘Measured’ and ‘Indicated’ status
2.
Rockwood JORC Resource Update
Endocoal Limited (Endocoal) (ASX: EOC) is
pleased to announce a further increase of 109.8Mt in the JORC Resource at the
Rockwood (EPC1514) tenement – increasing the total resource to 447.1Mt. This
represents a one-third addition to the 337.3Mt resource base previously
announced on 1 March 2012.
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