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 Intercepts (ft)1 | Number of Seams Intersected | Range of Total Coal Intercepts per 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
|
| Notes: |
| | | |
(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.
Qualified Person
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.
About EmberClear
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
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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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© 2012 EmberClear Corp.
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<p> CONTACT:<br/> <b>David G. Anderson</b><br/> CFO<br/> Tel: +1 (403) 264-8817 </p>