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Discovery of new coal deposit and potential regional trend in Saskatchewan and Manitoba, Canada;
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World class mine potential, open-ended deposit; targeting 500 million to 1 billion tonnes;
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High quality thermal coal (low ash<15%, moderate sulphur <2%, high BTU's >9,000);
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Potential to produce high quality thermal coal for export;
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Excellent infrastructure – deposit adjacent to railway, highway and service communities;
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Aggressive exploration; $5 - $6M winter drill hole program (commenced Q1-2009) - initial 50 drill holes planned; Targeting 2009 NI 43-101 Technical Report and preliminary scoping study;
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Strong financial position – recent $18 million private placement;
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Experienced management team with coal exploration and development experience. |
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