StockGuru News: KAL Energy, ZAP, and Telecom Communications
KAL Energy Inc. (OTCBB: KALG) KAL Energy, Inc. — New Coal Seam Discovered on East Kalimantan Coal Concession LONDON–(MARKET WIRE)–Apr 18, 2007 — KAL Energy, Inc. (OTC BB:KALG.OB - News) is pleased to confirm a second coal seam has been discovered on its East Kalimantan Coal Concession. The drilling results of the previously announced $2,000,000 Phase 1 exploration program indicate that the new seam is approximately 1.5m thick with extent and quality to be determined by further drilling; the new seam was not part of the original 192 million ton geological resource estimate. This additional seam can drastically increase the…