Guildford Coal Ltd : GUF ASX Announcement - Mining Update in Mongolia

19 November 2012


Company Announcements Platform


Australian Stock Exchange

10th Floor, 20 Bond Street

Sydney NSW 2000

Suite C1, 1 Honeysuckle Drive, 'The Boardwalk' Newcastle NSW 2300

PO Box 509, Newcastle NSW 2300

Telephone: 02 4914 5910

Facsimile: 02 4925 3505 www.guildfordcoal.com.au Mining Update - Mongolia

Please see attached announcement from the Guildford's Mongolian subsidiary which provides a further update on progress to mining in the South Gobi Project including the estimation of a maiden JORC resource for the East Pit and the engagement of Leighton's to conduct whole of mine services on the East Pit.

Guildford Managing Director Mick Avery said that, "The development of the East Pit in parallel to the North Pit in the South Gobi Project is a very positive outcome for Guildford which should result in our Mongolian subsidiary producing coking coal from two pits in 2013".

For and on behalf of Guildford Coal Limited

Mr Louis Chait

Finance Director and Joint Company Secretary

T: +61(2) 4914 5910

MINING UPDATE

19TH NOVEMBER 2012

BOARD OF DIRECTORS

PRINCIPAL CONTACT

Chairman: C Wallace MD: M Avery Non-Exec: T Togoo
Non-Exec: K Ankhbayar
Non-Exec: M Chester
Comp Sec: L Chait
COO:- P Goodman
Mick Avery - MD
Phone: +61 (2) 4914 5910

HIGHLIGHTS

0 Response to "Guildford Coal Ltd : GUF ASX Announcement - Mining Update in Mongolia"

Post a Comment

Iklan Atas Artikel

Iklan Tengah Artikel 1

Iklan Tengah Artikel 2

Iklan Bawah Artikel