Montem Resources Confirms Hard Coking Coal at Chinook Vicary
Montem Resources Chinook VicaryMontem Resources

Montem Resources Confirms Hard Coking Coal at Chinook Vicary

Montem Resources Limited recently announce results of coal quality test work performed on drilling samples from the Chinook Vicary area of its Chinook

Montem Resources Limited recently announce results of coal quality test work performed on drilling samples from the Chinook Vicary area of its Chinook Project in Q4 CY2020. Large diameter core samples, obtained from Montem's exploration drilling at Chinook Vicary in late 2020, have been analysed, with coal quality and carbonization results confirming the occurrence of high quality low volatile Hard Coking Coal (\at Chinook Vicary. Montem completed drilling at Chinook Vicary inside the conceptual open-cut pit shell areas designed during the Chinook Project Scoping Study released in February 2021. These drilling and coal quality results will now be used to complete an update of the JORC Resource Estimate for Chinook Vicary, expected in Q2 2021.

The Chinook Project in Alberta in Canada is made up of two areas, Chinook Vicary and Chinook South. The Project contains a coal Resource Estimate of 149.1 million tonne (103.8 million tonne Indicated and 45.3 million tonne Inferred) and a coal Exploration Target Estimate of an additional 125 million tonne to 450 million tonne at Chinook Vicary.

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