Drilling Intersects Additional Coal in Final Four Drill Holes
CALGARY, Feb. 23, 2012 /CNW/ - EmberClear Corp. (TSXV: EMB) ("EmberClear") is pleased to announce it has encountered significant coal mineralization in the final four holes of its eight hole drilling program on the Good Spring Property ("the Property" or "Tracy Slope Mine") located in Schuylkill County, Pennsylvania. The results from the eight hole drill program will be used by Norwest Corporation to prepare a new National Instrument 43-101 ("NI 43-101") compliant technical report on the Property ("Technical Report"). The Property is approximately 560 acres and lies in the Southern Anthracite coalfield of eastern Pennsylvania and is a small portion of the Valley and Ridge physiographic province of the Appalachian Highlands. Additional information on EmberClear's Good Spring Property is available in "An Independent National Instrument 43-101 Report Summarizing Potential Tonnage of EmberClear Reserves Inc., Good Spring Property also called the Tracy Slope Mine, Porter and Frailey Townships Schuylkill County, Pennsylvania" filed on SEDAR, November 7, 2011.
Air/mud rotary drilling rigs were used on GS-8, GS-15, GS-16 and GS-17 during this program. These four drill holes (GS-8, GS-15, GS-16 and GS-17) totaled 9,367.59 feet in depth and were spaced to confirm depths for seams of interest along presumed structural trends extracted from United States Geological Survey ("USGS") studies and other publicly available information.
"The program has taken longer than expected, but the results are satisfying as we have the specifically relevant data to support our expectations about coal deposits in the area holding consistent with history," said Albert Lin, CEO of EmberClear. "The new Technical Report being prepared by Norwest will further quantify and qualify our coal deposit to help us better assess our strategic options."
The exploration holes were advanced vertically, although minor deviations were noted utilizing a deviation probe. The exploration holes were geophysically logged and this data in conjunction with driller logs, geologist logs and available optical logs was used to determine the coal intercepts within the holes. These coal intercepts were reviewed by the qualified person referred to below to verify their accuracy. Optical logs, nearby underground mine data and bedding plane strikes and dips from maps in USGS reports were utilized in determining 'true' (adjusted) seam and coal thicknesses. These exploration holes were surveyed. Table 1 provides a summary of the preliminary drill hole results.
Table 1 - Preliminary Drilling Results
|Drill hole||Easting||Northing||Drill Depth (ft)|| Total Coal
| Number of
| Range of Total
Seam (ft) 1
|GS-8||2,326,248||473.282||2602.07||46.04||18||0.78 - 5.58|
|GS-15||2,324,427||473,618||2288.43||104.10||23||0.83 - 12.59|
|GS-16||2,324,540||473,224||2361.58||112.19||19||1.08 - 16.49|
|GS-17||2,324,835||472,688||2115.51||63.97||16||0.85 - 21.48|
|(1)||The coal intercepts have been adjusted to account for the steeply dipping seams based on a combination of measured bedding plane dips from cores, and strikes and dips from published geological reports.|
Two of the eight drill holes completed during the latest exploration program were core drilled. The coal quality data, obtained from coal samples from these two core holes, was presented in the press release dated January 31, 2012. No additional coal quality data is available at this time. The potential coal quality data presented in the press release dated January 31, 2012 is considered conceptual in nature and it is uncertain if further coal quality analysis will be consistent with previously disclosed coal quality results and if further evaluation of exploration data will result in the target being delineated as a mineral resource.
Warren A. Evenson, P.G., Senior Geologist at Norwest Corporation, is a "Qualified Person" and independent of EmberClear in accordance with NI 43-101. Mr. Evenson has reviewed and approved the technical and scientific information contained in this news release.
EmberClear is an advanced energy development company focused on low emission energy projects around the world. EmberClear aims to accelerate the adoption of technologies enabling dramatic improvements in the efficiency and cleanliness of fossil fuel consumption. This objective is partially enabled through a license to thermal chemistry technologies developed, over the last two decades, by the Huaneng Clean Energy Research Institute (HCERI), a subsidiary of the world's largest power company Huaneng Power Group of China. EmberClear also holds title to real estate and coal deposits in Schuylkill County, Pennsylvania. This property lies in the Southern Anthracite coalfield of eastern Pennsylvania and is a small portion of the Valley and Ridge physiographic province of the Appalachian Highlands. EmberClear's shares are listed on the TSX Venture Exchange under the trading symbol "EMB".
For more information please visit www.emberclear.com.
Forward-Looking Statement Disclaimer
Certain statements contained in this document constitute forward-looking statements or information (collectively "forward-looking statements") within the meaning of applicable securities legislation. Forward-looking statements are typically identified by words such as "anticipate", "continue", "estimate", "expect", "forecast", "may", "will", "project", "could", "plan", "intend", "should", "believe", "outlook", "potential", "target", "seek", "budget", "predict", "might" and similar words suggesting future events or future performance. All statements other than statements of historical fact may be forward-looking statements. In particular, this document contains forward-looking statements pertaining to, without limitation, the following: statements about the potential quantity, grade or quality of coal deposits on our Property; and the timing and completion of the proposed NI 43-101 Technical Report. Although we believe that the expectations reflected in the forward-looking statements contained in this document, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause our actual performance and financial results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, the following: changes in general economic, market and business conditions; the Company's need for additional funding to continue its exploration efforts; and the competition for, among other things, capital and skilled personnel. Readers are cautioned that this list of risk factors should not be construed as exhaustive. The forward-looking statements contained in this document speak only as of the date of this document. Except as expressly required by applicable securities laws, we do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.
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For further information:
David G. Anderson
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