Natasa Mining Limited Technical Report on Alberta Assets (9707O)
September 26 2013 - 5:30AM
UK Regulatory
TIDMNSN
RNS Number : 9707O
Natasa Mining Limited
26 September 2013
26 September 2013
Natasa Mining Limited
("Natasa" or the "Company")
Technical Report on Alberta Assets
The Directors of Natasa are pleased to announce that the Company
has received an updated Technical Report on the Company's 100 per
cent. owned Fox Creek Coal Project in Alberta, Canada.
This report, entitled "Technical Report Fox Creek & Fox
Creek West Coal Properties Alberta" and authored by T. Hannah,
P.Geol. and Yulin Li, P.Geol.,(of Norwest Corporation) and dated
September 10, 2013 (the "Technical Report"), has been prepared in
order to meet the requirements of the Canadian National Instrument
43-101.
The Technical Report was commissioned by Natasa to take into
account the additional coal bearing leases, granted by the Alberta
Government to the Company, and located to the west of its existing
Fox Creek Leases, as announced on 3 October 2012. The original
leases were previously the subject of a technical report, also
provided by Norwest Corporation, the results of which are included
in the announcement dated 24 February 2012.
The updated in-place surface mineable coal resource figures,
which cover an area under lease of 39,968 ha and total approx. 1.55
billion tonnes, are:
Measured Indicated Inferred
tonnes tonnes tonnes
Fox Creek 431,073,000 345,898,000 92,617,000
Fox Creek West - 276,723,000 410,652,000
TOTAL 431,073,000 622,621,000 503,269,000
The latest Technical Report prepared by Norwest Corporation and
an updated presentation, prepared by the Company's management,
relating to the Fox Creek Coal Project will shortly be made
available for download on its website at www.natasamining.com.
Competent person
Mr James Proc, P. Eng, Manager of Engineering of the Company's
Alberta Coal project, has reviewed and approved the technical
information contained in this announcement in his capacity as a
qualified person under the AIM rules. Mr Proc graduated with a
Bachelor of Science Mechanical Engineering from the University of
Calgary, Canada. He is a member of the Association of Professional
Engineers and Geoscientists of British Columbia and the Canadian
Institute of Mining.
Enquiries:
Natasa Mining Ltd
Chrisilios Kyriakou, Executive Chairman +44(0) 20 7290 3102
Strand Hanson Limited (Nominated
Adviser)
Angela Hallett / James Spinney +44 (0) 20 7409 3494
This information is provided by RNS
The company news service from the London Stock Exchange
END
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