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Australian Pacific Coal Ltd, Rio Tinto Exploration - Mt Hillalong Project Update

Rio Tinto Exploration (RTX) have provided the following report on the initial outcomes and progress of their exploration program for AQC and Rio Tinto Exploration’s Mt Hillalong JV project EPC1824.

“Rio Tinto Exploration has completed its 2013 exploration program on the Hillalong Project (EPC1824). Two open holes and three 2D seismic lines were completed during September 2013 to assess the potential for Rangal Coal measures.

Drill results:
-  HILL0002 intersected 12m net coal between 320m and 460m depth from the Leichhardt, Vermont and Girrah Seams.
-  HILL0003 intersected 11m net coal between 155m and 185m depth from the Leichhardt and Vermont Seams.

Coal chip samples from the two holes have been submitted to the coal laboratories for
petrography analysis and reflectance (RoMax) determination.

Final processing and interpretation of the seismic data has not yet been completed, however it confirms Rangal Coal Measures are present and continuous within EPC1824.

Rio Tinto Exploration is planning to return to the project next field season to follow up this work.”

This is a very good outcome for the JV project. Based on these results, we note that there is good  potential for open cut mineable coal within the Hillalong Project. We look forward to providing further information as it becomes available.


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