Montem Resources Intersects Thick Coal Seams at Chinook Vicary
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Montem Resources Intersects Thick Coal Seams at Chinook Vicary

Montem Resources Limited has reported the completion of its 2020 drill program at Chinook Vicary, in which all drill holes have intersected thick coal

Montem Resources Limited has reported the completion of its 2020 drill program at Chinook Vicary, in which all drill holes have intersected thick coal seams, confirming near-surface, structurally thickened zones of coal. The Chinook Project in Alberta, Canada is made up of two areas, Chinook Vicary and Chinook South. The Project contains a coal Resource Estimate of 149.1 million tonnes (103.8 million tonnes Indicated and 45.3 million tonnes Inferred) and a coal Exploration Target Estimate of an additional 125 million tonnes to 450 million tonnes at Chinook Vicary.

Montem commenced drilling at Chinook Vicary on 21 September 2020 aiming to define areas of structurally thickened coal seams and confirm the product coal quality as hard coking coal. Overall, 13 drillholes were completed across eight drill sites for a total of 1,411m of reverse circulation drilling and 508m of six-inch large diameter core drilling. Drilling results demonstrated occurrences of near surface, structurally thickened coal seams, suitable for future open-cut extraction.

Large diameter core samples from coal seams 2, 4 and 5 have been sent to ALS’s lab in Queensland, Australia, and will undergo coal quality and coke testing with results expected in early 2021. Visual inspection of the large diameter coal core is encouraging, with cores showing thick bright coal intersections with only minor banding.

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