Results anticipated in MarchScott Drever, President, stated; "Our overall plan continues to be toidentify as many priority areas at Border as we can in this winter'sprogram and to establish confirmation of the various geophysicalsignatures which are indicative of sub-basins that correlate with thepresence of thick intercepts of coal. One drill rig has been dedicatedto identifying new areas to the south of the original discovery areaand it is particularly gratifying to see that one of the first targetsto be drilled has encountered significant coal intervals. There areadditional geophysical anomalies within the Border Project area thatindicate potentially much broader-sub basins that need to be tested andif they prove to be coal bearing this would bring a new dimension tothe overall potential of the coal deposits within Border."
Sampling and laboratory test work at Loring Labs in Calgary for theinitial holes drilled in this program has commenced with initialresults anticipated in March. Down-hole geophysics has been completedon all holes and adjustments to coal seam thickness may occur whenreporting final results.
Despite coal's negative reputation as a major contributor togreenhouse gas emissions, high BTU coal for power plants and for cokingin the steel industry is in short supply.
Thenew coal seam found this winter is only about five kilometres from theHudson Bay rail line that leads to the Manitoba port of Churchill.