| Investment Opportunities
| Investing Articles
| Financial News
| Resources
| Radio Show Podcasts |
Red Hill Energy Financial News
Ni 43-101 Report and Assays Completed on the Chandgana Khavtgai Project Confirms Large, High Quality Thermal Coal Discovery in Mongolia
Vancouver, British Columbia, March 26, 2008: Red Hill Energy (TSX-V symbol RH) reported today that further to the December 21, 2007, news release, a National Instrument 43-101 report and assay results have been received by the company on its very significant Chandgana Khavtgai coal project. All three of Red Hill Energy’s coal resources are now National Instrument 43-101 compliant as to tonnage and quality.
More >>>
Mine Engineering Studies Underway On Red Hill Energy’s Ulaan Ovoo Coal Property, Mongolia; Ni 43-101 Report Confirms Red Hill Energy’s New Coal Discovery At Chandgana Khavtgai, Mongolia
Vancouver, British Columbia, December 21, 2007: Red Hill Energy (TSX-V symbol RH) reported today that engineering studies are now in progress on the Company’s 100% owned Ulaan Ovoo coal project located in north central Mongolia. The company also reports that a National Instrument 43-101 report and analytical results have been completed which confirm the previously reported tonnage and quality of its significant Chandgana Khavtgai coal discovery in east central Mongolia. All three of Red Hill Energy’s coal resource areas in Mongolia – representing more than one billion cumulative tonnes of thermal coal – are now National Instrument 43-101 compliant.
More >>>
New 678.4 Million Tonne Coal Discovery Increases Red Hill Energy’s Mongolian Coal Inventory To More Than One Billion Tonnes Additional Resource Increases Anticipated
Vancouver, British Columbia, October 25, 2007: Red Hill Energy (TSX-V symbol RH) reported today that it has made a major new coal discovery in southwest central Mongolia contiguous to CVRD’s lead Mongolian coal project. Drilling on Red Hill’s 100% owned Chandgana Khavtgai coal property has defined a 678.4 million tonne coal resource, with 188.7 million tonnes measured and 489.7 million tonnes indicated. Additionally, another 439.6 million tonnes of inferred coal resource has been outlined. Red Hill’s total coal resources from two separate Mongolian coal districts now exceeds one billion tonnes. This includes 504.5 million tonnes classified as measured resources and 524 million tonnes classified as indicated, with an additional 475.5 million tonnes classified as inferred. This is a 193% increase in tonnage from September 10th, 2007, and is attributable to the very large Chandgana Khavtgai discovery.
More >>>