New Colombia Resources is pleased to announce the completion of a detailed drill program by SGS Colombia S.A. In addition to the drill program, SGS provided a Conceptual Geological Model as well as Surface Geology. The geology shows that the entire area has coal outcrops where the origin has a high calorific content and is mostly metallurgical. The details of the seams and a geological map of the zone will be posted on the company website next week.
Geologists from SGS realized several visits to the Vereda Salsipuedes in Guaduas and found four outcrops on the North end of the concession contract owned by New Colombia Resources, Inc. and two in the South end in the sector of the Quebrada La Bermeja. SGS projected the coal seams, with dips between 25°W and 45°W, span almost the entire NEWC concession. They also found indications of a coal seam that borders the whole area of the concession from North to South as well as a central seam.
The drill program establishes four drilling points of 300 meters each. The first perforation will be inclined on the North end of the concession to establish the density of the most promising seams and their dips. The second perforation on the South end of the concession, bordering the Querbrada La Bermeja, will also be inclined. The third and fourth holes will be in the center of the concession to find the central seam.
On August 13, 2013, New Colombia Resources, Inc. announced the lab assays of the coal taken from these seams that were analyzed by SGS Mineral Services; they showed high quality metallurgical coal. The results are available on the Coal Specifications page of the company’s new website, http://www.newcolombiaresources.com.
“We couldn’t be happier with the work SGS has done for us and their results; we look forward to begin drilling in the coming weeks to prove our reserves with an N.I. 43-101. We’ll also be able to complete our environmental impact study to obtain an environmental permit as we wait for our work permit to be approved shortly,” stated John Campo, President of New Colombia Resources, Inc.
SGS is the world’s leading inspection, verification, testing and certification company. They are recognized as the global benchmark for quality and integrity. With more than 75,000 employees, they operate a network of more than 1,500 offices and laboratories around the world. Their core services can be divided into four categories: inspection, testing, certification, and verification.
For more information visit www.newcolombiaresources.com
Let us hear your thoughts below: