SouthGobi Resources Ltd. (TSE:SGQ) reports an updated NI 43-101 compliant coal resources and reserves for its Ovoot Tolgoi complex.
The press release is quoted as saying:
Quality analyses performed to date by SGS Mineral Labs in Denver, Colorado and Tianjin, China, rank Ovoot Tolgoi coal as high-volatile B to A bituminous based on the ASTM D388 standard. High-volatile B and A bituminous coals are hard black coals. High-volatile B produces between 7,212 to 7,785 kCal/kg and high-volatile A produces greater than 7,785 kCal/kg heat output.