Cardero announces maiden resource estimate
Published by Jonathan Rowland,
Editor
World Coal,
Cardero Resource Group has announced a maiden NI 43-101 resource estimate of 290 million t of measured and indicated and 161 million t of inferred resources at its Carbon Creek metallurgical coal project. Cardero holds a 75% joint venture interest in the Carbon Creek project, which is located in Canada’s Peace River Coalfield.
The measured and indicated resource has been further classified as having 191 million t of “surface” and 99 million t of “underground” resource. The coal was classified as mostly hard coking coal (63% of the measured and indicated and 85% of the inferred resource).
The resource estimate was prepared as part of a NI 43-101 technical report prepared by Norwest Corp.
Written by Jonathan Rowland.
Read the article online at: https://www.worldcoal.com/exploration-and-development/07012015/cardero-announces-maiden-resource-estimate-at-carbon-creek-coal-project-canada-coal1720/
You might also like
A coal comeback may be taking place in the US
Matt Mackowiak, Director of Government Affairs at Core Natural Resources, comments on the recent signing of four executive orders by US President Donald Trump that will help propel the use of coal.