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Kibo Mining: Mbeya coal resource up 10.42% to 120.8 million tonnes

Kibo Mining Plcsaid April 11 that the total mineral resource at its Mbeya coal project in Tanzania increased 10.42%over the previous estimate to 120.8 million tonnes.

The coal resource was reclassified into measured resource of20.9 million tonnes, indicated resource of 88.6 million tonnes and inferred resourceof 11.28 million tonnes.

Kibo will use the updated mineral resource in the reserve statementof its ongoing mining definitive feasibility study.