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Realm Resources grows the Katingan Ria coal Resource to 79 million tonnes in Central Kalimantan
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Sunday, 22 Jan 2012
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Realm Resources has increased the Inferred coal Resources at its Katingan Ria Coal Project in Indonesia to 79 million tonnes a 39 million tonne increase over the previously announced maiden Inferred Resource of 40 million tonnes.

Inferred Resources for the Main seam increased to 63 million tonnes at the advanced thermal coal exploration project located in Central Kalimantan. The project is central to Realm strategy to become a coal producer in 2012 and ultimately a mid-tier Asia Pacific bulk commodity company.

Realm has begun phase 2 drilling on the project which will continue through to mid-February. The drilling program comprises up to 17 holes to improve the quality data for the Main seam and upper seams in the north and allow completion of the Inferred Resource for the Main seam.

The program is also aimed to improve definition of the Main, No 2 and No. 3 seams in the southern resource area with the aim of moving to Indicated Resources to allow reserves estimation in particular in the initial startup area.

Lastly, the program will refine the understanding of the structure, in particular the location vertical and lateral displacement of the fault which separates north and south. In addition to drilling, Realm will undertake a Lidar Radar survey to improve the topographical model for the site and associated areas for resource definition, mining and civil design work.

(Sourced from www.proactiveinvestors.com.au)

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