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Caribbean Resources Corporation V.PAK



TSXV:PAK - Post by User

Post by GACABon Feb 06, 2012 12:36pm
313 Views
Post# 19495131

Pacific Coal resumes operations at its La Caypa mi

Pacific Coal resumes operations at its La Caypa mi
Pacific Coal resumes operations at its La Caypa mine

TORONTO, Feb. 6, 2012 /CNW/ - Pacific Coal Resources Ltd. (TSXV: PAK) is pleased to announce that it has resumed operations at its La Caypa mine, which were stalled by an illegal work stoppage by unauthorized personnel as announced in the Company's January 30, 2012 news release.

Operations at La Caypa resumed Saturday morning, and the Company's production returned to normal levels by Sunday morning. The Company will decisively work on catching up on lost production.

The disruption was cleared up when the Barrancas municipality issued an order for the unauthorized personnel to clear the premises, which was enforced by local police. The police force that participated in these events is still at La Caypa and will remain stationed there throughout next week. The Company wishes to acknowledge its security team and in house counsel, as well as the local authorities who helped facilitate a peaceful resolution to these events.

 

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