Firestone Energy - FSE increases Waterberg Coal Tonnage to 3.802 Billion Tonnes
November 2009

Firestone Energy is very pleased to announce an increase to the earlier resource statement in accordance with the JORC Code of 3.802 Billion Tonnes of embedded coal for 1.33 Billion Tonnes of de-shaled coal in product under 5 farms in the Waterberg Coal Region under Joint Venture with Sekoko Coal Resources. This is summarised in the first table of the attachment.

 

This JORC summary report, by Venmyn OCT 2009, is based on 178 drill holes of  which 122 were drilled by Sekoko Resources. Approximately 46% of this coal resource is in the measured and indicated category. 

 

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