REALM Resources has updated the coal resources and reserves for its PT Katingan Ria in Indonesia in accordance with the JORC Code 2012.
PT Katingan’s coal resources are 87.5 million tonnes, split 6.5Mt measured, 44Mt indicated and 37Mt inferred, while coal reserves are 27.4Mt.
PT Katingan Ria coal is a typical low rank, sub-bituminous thermal coal with low sulphur and nitrogen contents and complies with the Argus Indonesian Coal Index.
Pit optimisation was carried out on the PT Katingan Ria deposit in a previous mining and barging options study conducted by Xenith in February 2013.
This study delineated an area of the deposit that was economical to mine at a reasonably low product coal sales price.
The current PT Katingan Ria life of mine pit used in the recent reserves statement was within the economic mining limits.
– Source
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