Celsius confirms Uzgen Basin washability

FURTHER coal quality analyses from Celsius Coal’s drilling program at its Uzgen Basin coking coal project in the Krgyz Republic shows the coal is washable.
Celsius confirms Uzgen Basin washability Celsius confirms Uzgen Basin washability Celsius confirms Uzgen Basin washability Celsius confirms Uzgen Basin washability Celsius confirms Uzgen Basin washability

Core recovery at Tuyuk-Kargasha

Staff Reporter

The company holds an 80% interest in three tenements in the Uzgen Basin that are being explored. It plans to deliver an initial JORC-compliant resource estimate for Uzgen during the first quarter of this year.

Coal quality analyses have returned initial results at the Kargasha site.

Laboratory float/sink testing of 26 samples of coking coal and coal composites reveal the material appears to beneficiate with a well-defined density cut point of 1.5g/cc.

Using this cut point theoretical yield ranges from 41% to 94%, with 84% of values being greater than 60%.

Testing is still underway to further determine the broader coking characteristics, ash compositions and ultimate analyses of these samples.

The company holds an exploration target of 115-140 million tonnes of coal for Kargasha and between 500 and 700Mt of coal for the Uzgen basin project as a whole.

Celsius also owns 90% of adjacent projects Sary Mogol and Bel Ama, with the company hoping to mine 5000t of coal at Sary Mogol by the end of the year.

The company announced a strategic alliance last week with Singapore-based company Blumont, securing $5.2 million in funding.

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