🕐28.09.10 - 04:54 Uhr

Riversdale Mining [ASX: RIV] - Zambeze Coal Project in Mozambique to produce hard coking coal



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Riversdale Mining [ASX: RIV] - Zambeze Coal Project in Mozambique to produce hard coking coal

Riversdale Mining Limited (ASX: RIV) announces results from the first coke tests for the Zambeze Coal Project (EPL 946L) in Mozambique.

� CSR results confirm Zambeze�s classification as a hard coking coal
� Zambeze Pre‐Feasibility Study due for completion in Q4 2010 with production estimated to commence in 2014

The Zambeze coke produced Coke Strength after Reaction (CSR) results ranging between 67 � 73.

Riversdale considers these figures to be extremely encouraging and believe it verifies the hard coking coal potential of the Zambeze project.

In response to the results, Riversdale�s Managing Director Steve Mallyon commented �Zambeze�s high coke strength, combined with its massive 9 Billion tonne Coal Resource, confirms Zambeze�s potential to be a Tier 1 hard coking coal operation.�

These initial CSR results come from two coal seams which will make up more than half of Zambeze�s production for the first 30 years of mine life.

Further test work is necessary to consolidate the findings.

It is planned that the remaining productive seams at Zambeze will undergo coke tests during the early stages of the Zambeze Definitive Feasibility Study (Q1 2011).

An assessment of the coal quality of the remaining seams indicates, that on average, they will produce coke of comparable strength to the two seams already tested.

Riversdale is progressing a Pre‐Feasibility Study for the Zambeze Coal Project and this is due for completion in Q4 2010.

It is estimated that initial production from this project should commence in 2014.

Please refer to the attached announcement for images and details.

For further information, please contact:

Michael OKeeffe
Executive Chairman
Ph: +612 8299 7900


Niall Lenahan
CFO & Company Secretary
Ph: +612 8299 7900


or

Media: Fortbridge
Bill Kemmery
Ph: +612 9331 0655
Mob: +61 400 122 449
Email:


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