ID :
96455
Wed, 12/23/2009 - 18:03
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Shortlink :
http://m.oananews.org//node/96455
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ONJUUL PHASE 1 DRILLING COMPLETE
Ulaanbaatar. /MONTSAME/. Robert L. Card, President of Gulfside Minerals Ltd. has reported that Phase 1 of Gulfside's drilling program on the Onjuul coal project in Mongolia has been successfully completed.
The Company has completed 10 planned holes in this phase, with an additional 10 or more holes planned to be completed during Phase 2. Based on preliminary data review, it appears that the Phase 1 program will accomplish the original objectives, including validating historic drilling data; acquiring new coal quality data; acquiring basic hydrology and geotechnical information; confirming existing geological model; and demonstrating the opportunity in the remaining phases of drilling.
S. Batbayar
The Company has completed 10 planned holes in this phase, with an additional 10 or more holes planned to be completed during Phase 2. Based on preliminary data review, it appears that the Phase 1 program will accomplish the original objectives, including validating historic drilling data; acquiring new coal quality data; acquiring basic hydrology and geotechnical information; confirming existing geological model; and demonstrating the opportunity in the remaining phases of drilling.
S. Batbayar