Professional Documents
Culture Documents
NOTE:
Positive reserves are those sufficiently explored by drilling and / or tunnelling to warrant inclusion in a company's five-year
development / production program. Drillholes are generally spaced at not more than 200 meters apart and in highly disturbed
areas like Cebu, holes are not more than 100 meters apart.
Probable reserves are those explored by drilling and / or tunnelling, but still need confirmatory drilling and / or tunnelling.
Drillholes are generally spaced at 200 to 400 meters apart except in fairly undisturbed areas like Cagayan.
The mineable reserves are computed by multiplying the total in-situ reserves (positive + 2/3 probable) by a mining recovery factor
of 60% for underground areas and 85% for open pit areas.
Except for Cagayan, Semirara and part of Samar and Surigao, all other areas are treated as underground areas.
Resource potential is taken from Robertson Research International Ltd., 1977 evaluation
coal production as of 31 December 2013