Prophecy Resource (pcy-t, prpcf-o) has recently upgraded the inferred resources at its Chandgana Khavtgai coal project, in east central Mongolia, to the measured and indicated category. The project's resource now weighs in at 1.07 billion tonnes of coal, which translates to 524.3 million measured tonnes and 545.7 million indicated tonnes. The resource estimate is based on data from two exploration programs, which took place in 2007 and 2010. So far this year, the Khavtgai project saw 13 holes and 2,250 metres of infill drilling, eight seismic geophysical lines and 5.1 sq. km of magnetic field mapping.
展开▼
