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David Whittle, CFO of Hillsborough Resources Limited Talks to The Wall Street Transcript Monday, October 24.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- The Wall Street Transcript has published an in-depth interview with David Whittle, CFO See Chief Financial Officer.  of Hillsborough Resources Limited Hillsborough Resources Limited is a coal mining company that operates the Quinsam underground thermal coal mine near Campbell River, British Columbia serving the local and west-coast U.S. cement industry, and the Crossville underground coal mine in Tennessee, U.S.  (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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), in which he talks at length about the Company.

The entire 2,500 word interview is available free online at http://www.twst.com/ceos.htm.

Hillsborough Resources Limited is a Vancouver-based coal mining company that operates the Quinsam underground thermal coal mine near Campbell River, British Columbia Campbell River is a city in British Columbia on the east coast of Vancouver Island at the south end of Discovery Passage. Campbell River claims a population (2006 census) of 29,572 and has long been known as the salmon capital of the world.  and the new Crossville underground coal mine in Tennessee, USA. The company distinguishes itself from other coal producers by the quality of its product; its development of new coal resources; its commitment to the environment and worker's safety; its on-going geographic and market diversification; and the management team's leadership and focus.

When asked to describe the company, Mr. Whittle stated, "Hillsborough has an excellent operating base. It has excellent operating personnel. If anybody has the ability to execute a growth strategy, which is looking to near-term operating production and results, this is a company that can do it. The success with the Crossville operation is something I can point to right now. As far as getting that up and running and into production as a new underground mine, it's been done on plan and as expected."

Regarding the company's growth strategy, Mr. Whittle stated, "Five Cabin in particular is primarily metallurgical met·al·lur·gy  
n.
1. The science that deals with procedures used in extracting metals from their ores, purifying and alloying metals, and creating useful objects from metals.

2.
 coal. It's a very large prospect and a very high asset value property for us. It has huge implications in our view for the value of the company as a whole. Operations-wise, it's a very big exercise, a very large undertaking. Someone like Anglo can help with that scale of operation and can help us develop that asset value to its fullest potential, which will get reflected in the company value. It's a tremendous opportunity for us in our view."

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call 800/246-7673.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 24, 2005
Words:324
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