Maiden JORC compliant mining reserve reported at Minas Moatize
Beacon Hill Resources Plc, the Mozambican coal producer, has released a maiden JORC compliant coal reserve statement for its Minas Moatize Coal Project in the globally significant coking coal region of Tete in Northern Mozambique.
Highlights
The chairman of Beacon Hill, Justin Lewis, commented: “We have a marketable reserve of 23.45 million t of coal, of which over one third is coking coal, a proven end to end export solution as highlighted by the commencement of shipping in December 2011, near term coking coal production and the full results of the DFS due to be released later this quarter.”
Read the article online at: https://www.worldcoal.com/coal/02022012/beacon_hill_resources_reports_new_reserve/
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