ATRUM COAL NL - Atrum Coal raises Groundhog resource 113%

Atrum Coal raises Groundhog resource 113%

Fri, 18 Jan 2013 9:30am

HIGHLIGHTS: - JORC resources at Groundhog increased by 113% to a global open cut coal resource of 338Mt across Indicated (106.9Mt) and Inferred (230.9Mt) categories - 85.3Mt between 0 and 50m depth with attractive indicative ROM strip-ratios - > 80% of the coal resource between 0 and 150m depth - Further resource upgrade expected March 2013 following additional structural interpretation and modelling - Preliminary washed clean coal quality data from the 2012 drilling program is expected by the end of January 2013 MORE

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