Coalspur quietly advances Vista

摘要

Marketable coal reserves at Coal-spur Mines' (cpt-t) flagship Vista project in Alberta have risen 20% to 313 million tonnes from the 260 million tonnes estimated in the prefeasibility study. The 313 million tonnes will come from a recoverable coal reserve of about 566 million tonnes. The increase in marketable reserves is part of an ongoing bank-able feasibility study expected early this year. Coalspur says the rise in marketable reserves can be attributed to a larger pit limit, improvements to clean coal yields and a refined mining and coal recovery plan. The final mine plan envisions a run-of-mine operation at 20 million tonnes per year that would produce 11.2 million tonnes of saleable thermal coal annually for 30 years.