CHURCHILL MINING PLC (CHL)

CHURCHILL MINING PLC (CHL)

CHURCHILL MINING PLC (CHL) - Drilling Update for the East Kutai Coal Project, Indonesia

Churchill Mining is pleased to announce an update on its ongoing drilling programme at the East Kutai Coal Project in Indonesia.

Highlights:
• Latest drilling and exploration programme defines a coal-bearing sequence up to 16.5 km along strike 
  Initial 250Mt JORC compliant resource reported previously covers less than 6kms of the potential 16.5km strike length
• Further promising indications of coal resource quality with very low sulphur and low ash content
• Drilling completed to date covers 3,489 hectares and represents less than 10% of total coal target area
• Infill drilling programme at the potential first mine pit has commenced to advance the operation into production stage
• Second pit drilling target being identified

Churchill’s Managing Director, Paul G Mazak, commented:
“The latest round of drilling has added to the potential of the coal deposits within the East Kutai Coal Project concession areas. The discovery of a coal seam of up to 25 metres in thickness stretching over 11.5 kilometres along strike, demonstrates the scale of the coal deposits within the concession area. There is a further resource upside of up to 6 kilometres strike length to drill within the RTM tenement and we are only just about to commence detailed drilling on the newly acquired western blocks.”

For more information please go to www.churchillmining.com

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