Hunnu Coal acquires 60% interest in Tsohio coal project

Hunnu Coal has acquired a 60% interest in the Tsohio coal project, about 40 km from its existing Khuree 2 project. The Tsohio project has an exploration target of between 50 million tons and 75 million tons, and the company said it would embark on an “aggressive exploration” program.

Meanwhile, a mapping and geophysics program was in progress at the Khuree 2 coal project, with the aim of identifying coal seams, which would be followed by a drilling program, starting in July. Hunnu was conducting a mapping and geophysics program also at the Tenuun 2 coal project, about 80 km from the Tsohio project. A single vertical drill hole has intersected three coal seams, with a combined true thickness of 12 meters.

The company would be undertaking detailed exploration on the three projects over the coming months, as part of its coking and thermal coal exploration strategy aimed at making it a “major force” in the exploration and development of coking and thermal coal deposits in the South Gobi project.
source: www.news.mn