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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by DrZekeon Dec 18, 2012 11:27am
382 Views
Post# 20745369

Take a bow Northguy53

Take a bow Northguy53

....as for Mr. S devil, hope you managed to unload what you had left in those cute little p&d the few months. as for me, I'll stick with WLT as bad as that one is....and for the rest a little nostalgia from Mr Bates xmas gift 2010 (23 December 2010 to be exact):

https://www.clinemining.com/news/pdf/101223.pdf

(“Cline” or the “Company”) is pleased to announce that the United States Mine Safety and Health Administration (MSHA) has approved a mining plan which permits the underground miners to drive into and mine coal from the Apache and Allen coal seams at Cline’s New Elk Coal Mine located in Las Animas County, Colorado, U.S.A. The coal miners have already begun coal production in the Apache coal seam utilizing underground continuous mining methods. The mined coal will be loaded directly onto the recently installed high capacity conveyor system and transported to the surface coal stock pile, from where it will be fed into the newly completed 3 million tonne per year metallurgical coal processing plant.

With this approval from MSHA, Cline has achieved its targeted start-up of the New Elk Coal Mine in Q4 of 2010. Production will increase steadily over the next year, with the goal of reaching the rate of 3.0 million tonnes of coal per year by the end of 2011.

Confirmation drilling of 16 drill holes at the New Elk Coal Mine has detailed and confirmed high quality metallurgical steel-making coking coal in the coal seams. The in-seam coal qualities reported by SGS from the recent drill cores show the coal to be in the premium high-vol category in each of the seams to be mined over the next twenty years.

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