MarketWatch / marketwire: SouthGobi Resources Announces Increased NI 43-101 Compliant Resources Following Record Exploration in 2011, including New Coking Coal Deposit

SouthGobi Resources Ltd. announced today that new, independent estimates prepared by Minarco-MineConsult (“MMC”), have updated coal Resources and Proven and Probable Mineral Reserves contained at the Company’s Ovoot Tolgoi Complex, (comprised of the Ovoot Tolgoi mine and the Ovoot Tolgoi Underground Deposit). Independent estimates for coal Resources have also been updated by MMC for the company’s Soumber Deposit (comprised of the Central Soumber, East Soumber, Biluut, South Biluut and Jargalant Fields) and an inaugural estimate of coal Resources at the Zag Suuj Deposit has been completed. To read the full article, click hereSouthGobi Resources Announces Increased NI 43-101 Compliant Resources Following Record Exploration in 2011, including New Coking Coal Deposit

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