Hunnu Coal [ASX: HUN] - Acquisition of major land position in the world class South Gobi Coal Province Hunnu Coal (ASX: HUN) has acquired a 90% interest in the Tsant Uul Coal Project. The Project is located within 40km of the giant Tavan Tolgoi Coking Coal Field in Umnugobi Province of Mongolia. Highlights: * Hunnu Coal is aiming to become a major force in the development of coal deposits in the world class South Gobi coal province * Strategically located proximal to the giant Tavan Tolgoi Coking Coal Field * Operating coking coal mines within 50km currently exporting to China. * Due diligence programme comprising seven diamond core drill holes completed. Multiple coal seams intersected with thicknesses up to 22.8 metres with partings * Past test work indicates the potential for both coking coals and high value thermal coals * Granted Exploration License 59,000Ha in area * Existing haulage road to China located adjacent to project * Proposed rail line to China located close to project * Exploration Target* of 50Mt to 100Mt of coal * Aggressive exploration programme planned for 2010 The Company has successfully completed a due diligence programme at the Tsant Uul Coal Project and has now acquired 90% of the project. The Tsant Uul Coal Project covers over 59,000Ha of area in the world class South Gobi Coking Coal Province of Mongolia. The project is located only forty kilometres to the south of the giant six billion tonne Tavan Tolgoi coking and thermal coal deposit and approximately 6km from the existing coal haulage road to China. Find more details in the attached announcement. For further information, please contact: Matthew Wood Executive Chairman E-mail: Tel: +61 8 9200 4267 Media: Fortbridge +61 2 9331 0655 Bill Kemmery +61 400 122 449 Luke Dean +61 414 535 433 Fortbridge.NET is a specialist web-based service for clients ("Issuer") of Fortbridge Consulting Pty Ltd. DISCLAIMER: The message and attachment issued with this email may contain "forward-looking statements", which are projections that reflect the Issuer`s reasonable beliefs based on information currently available. Fortbridge is a Public Relations consultancy. PRIVACY: You have been regarded as a relevant contact through research. Please consider the environment before printing this document.
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