Colombia Clean Power acquires additional concessions in Boyaca department

摘要

Colombia Clean Power & Fuels, Inc has reached an agreement to acquire three additional coal mining concessions in Colombia's Boyaca department. This will expand Colombia Clean Power's total concession area to 25,594 acres (10,357 hectares). As a result the company said it plans to accelerate its drilling exploration program. "We believe the acquisition of these concessions, which are located in the municipality of Otanche, not only provide us with additional prospective coal resources, but also accelerates our time to commercialization and production as the property has coal mining permits," Carolos Soto, president of Colombia Clean Power's Colombian operations said.