The Canadian Press
June 30, 2008 - 9:13 a.m.

VANCOUVER - SouthGobi Energy Resources Ltd. (TSXV:SGQ) is reporting “multiple, thick, near-surface coking and thermal coal seams” at a site 16 kilometres east of its Ovoot Tolgoi coal mine in southern Mongolia.

The new find includes an intercept 51.5 metres thick, and the Vancouver-headquartered company has renamed the discovery, antecedently called the Alphabet fields, the Sumber coal plan, a entitle which it said was suggested by a Mongolian lama and means “beginning of the nature.”

“This discovery validates our expectations that there are multiple, near-surface thermal and coking coal deposits along strike from the existing mine at Ovoot Tolgoi,” Gene Wusaty, chief operating magistrate of SouthGobi’s coal division, stated Monday.

“The existing Ovoot Tolgoi mine place, airport and future coal transportation infrastructure will good turn the development at the Sumber discovery.”

Exploration and drilling programs which started in 2005 have identified 11 coal seams at the Sumber project, and ongoing work is expected to result in a formal resource reckon in the fourth quarter of this year.