RADAR ACQUISITIONS CORP. RAC ON THE A.S.E. Message Board

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Gold/Mining/Energy : RADAR ACQUISITIONS CORP. RAC ON THE A.S.E.

RAC 10.39

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Oct 28 9:42 AM EDT

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To: beach$ who started this subject	3/14/2001 1:19:02 PM
From: beach$	of 56

Big news John Bergen, President of Radar Announces Coal Project Resource Estimate Review Calgary – March 13, 2001 - Radar Acquisitions Corp. (RAC - CDNX) is pleased to report results of a preliminary resource estimate for its Buick Coal Project in Limon, Colorado. Management is very encouraged with the results of the study. With these additional contiguous leases the property’s resource potential appears to be more than 100 million short tons. Coal resource lands owned by RME Land Corp, a wholly owned subsidiary of Anadarko Petroleum Corp., NYSE – APC, have been reserved to Radar by letter of intent. These coal resources are now being re-calculated to ensure compliance with National Instrument 43-101 and GSC bulletin 88-21. A bulk density of 1.36 (gms/cc) that equates to 1850 short tons/acre-foot was used for the resource estimate. Given the ash level of the Buick deposit at around 12.5% and 35% moisture level, GSC Paper 88-21 suggests a density of 1.32% for lignite with an ash level of 20% on a dry basis. State Lease No GM3304 Lease Measured Indicated Inferred Total Section Twp Range Acres County tons x 106 tons x 106 tons x 106 tons x 106 36 7S 59W 640 Elbert 9.1 2.7 0.0 11.8 10 8S 58W 640 Elbert 1.3 5.7 1.2 8.2 12 8S 58W 480 Elbert 0.8 0.0 0.0 0.8 14 8S 58W 640 Elbert 0.0 0.0 0.0 0.0 18N 8S 58W 322.6 Elbert 2.9 0.3 0.0 3.2 4 9S 58W 619.64 Elbert 0.0 0.0 0.0 0.0 16 9S 58W 640 Elbert 0.0 6.6 0.0 6.6 sub-total 3982.24 sub-total 14.1 15.3 1.2 30.6 Under Application from State. 26 7S 58W 640 Elbert 0.0 0.0 0.0 0.0 36 7S 58W 640 Elbert 0.0 0.0 0.0 0.0 16 8S 58W 640 Elbert 7.6 0.0 0.0 7.6 22 8S 58W 640 Elbert 3.1 4.6 3.0 10.7 28 8S 58W 640 Elbert 11.7 0.0 0.0 11.7 2 8S 59W 641.56 Elbert 7.8 4.9 0.0 12.7 14 8S 59W 640 Elbert 2.6 2.5 7.9 13.0 36 8S 59W 640 Elbert 11.0 6.6 1.3 18.9 sub-total 5121.56 sub-total 43.8 18.5 12.2 74.5 57.9 33.8 13.4 105.1 Mineral resources estimated by Independent Engineer A. G. Speed, P. Eng, TS2 Consulting Inc., are in compliance with requirements of National Instrument 43-101 and Geological Survey of Canada bulletin 88-21, (Standard Coal Resource/Reserve Reporting System for Canada 1989) and according to parameters pursuant to CIM Standards on Mineral Resources and Reserves which were adopted August 20, 2000. TS2 Consulting Inc. was retained to develop resource model and estimate from existing drill hole database. Mr. Speed has 32 years of continuous experience in mining and geological environments and has spent 22 years exclusively in the exploration, development and production of coal and lignite in both plains and mountain coal deposits. Management will continue to define coal seam thickness and continuity. John Bergen President and Director Website: www.radar.ab.ca

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