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INITIAL BORDER "THERMAL" COAL RESOURCES
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Revised Coal Resources at the Border Project (March 2012)
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Category
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2009
(000's Tonnes)
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2011
(000's Tonnes)*
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2012
(000's Tonnes)*
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Indicated
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63,500
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79,161
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117,017
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Inferred
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89,600
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33,003
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33,003
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*based on coal density of 1.38 from lab and downhole geophysics testing
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EMERGING MAJOR ENERGY SOURCE
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DISCOVERY OF NEW COAL DEPOSITS
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AGGRESSIVE EXPLORATION PLAN
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Additional drilling planned on Border Property
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Preliminary Economic Assessment completed March 2011
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Updated NI 43-101
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COMPARATIVELY LOW STRIP RATIO (WASTE TO COAL REMOVAL) IMPROVES LIKELIHOOD OF POTENTIAL ECONOMIC VIABILITY
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EXCELLENT INFRASTRUCTURE
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near highway & service communities
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railway transects property
• Strong financial position • Experienced Management • World class potential |
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Goldsource Mines Live
@ PDAC 2011 |
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Resource Intelligence Interviews Goldsource Mines’ Eric Fier about its massive coal discovery |
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