Altitude Resources confirms Alberta coking coal resources
Altitude Resources has announced a NI 43-101 coal resource estimate comprising of 15.0 million t at the company’s Palisades project in Alberta, Canada.
The resource comprises of 10.1 million t in the Measured and Indicated Mineral Resources categories and 4.9 million t in the Inferred Mineral Resources category. An exploration target of 33 million t has been identified for the Palisades area.
The study, carried out by Dahrouge Geological Consulting Ltd, confirmed that the coal quality rank is low volatile.
Comments
Commenting on the Palisades coal resource, CEO of Altitude, Gene Wusaty, said: "The resource report on the Palisades property is based on the drilling program which was carried out in the fall of 2013. Altitude is presently working on organising the next phase of field reconnaissance which will be followed by an exploration program."
Drilling program
The Palisades drilling program began on 15th August 2013 and was completed on 30th September 2013. A total of 30 holes were drilled, of which 27 were rotary and 3 were core, for a total of 4583 m. In addition to the three core holes, channel sampling was conducted from seven near surface trenches.
Samples from Palisades were shipped to Birtley Laboratory in Calgary for washability analysis. Clean coal from this process was sent to Pearson Coal Petrography for coal rank classification.
The limited core samples collected in 2013 confirm the coal rank as low volatile bituminous coking coal. Ash analysis shows low total alkaline content (10% average), which should contribute to a high CSR value. The phosphorous in the coal samples is 0.014%, which is extremely low and highly desirable.
Palisades coal resource
The Palisades coal resource is located approximately 30 km north of the Yellowhead Highway, near Hinton, Alberta. Altitude's properties are near to CN rail, which services the Grande Cache mine to the northwest.
Altitude also owns the Palisades Extension, Moberly Creek and Altitude North properties, which are in the initial stages of exploration. The properties have access to rail and port infrastructure with spare capacity.
Adapted from press release by Katie Woodward
Read the article online at: https://www.worldcoal.com/coal/19022014/altitude_announces_coking_coal_resources_estimate_in_alberta_542/
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