Friday, 19 Aug 2011
Cline Mining Corporation has announced that its first commercial sale of metallurgical grade coking coal was shipped on August 9th 2011 by Cline's wholly owned subsidiary New Elk Coal Company LLC from its coal mine located near the town of Trinidad in southern Colorado, USA.
The first coal shipment was made into rail cars from the company's newly constructed bulk rail load out facility at Jansen Yard near Trinidad. The coal was from first mine production and meets the full specification grade of New Elk's high quality metallurgical grade coal for steelmaking purposes. The New Elk metallurgical coal is a high volatile, high fluidity, high FSI and low sulphur product.
Ongoing continuing coal deliveries and shipments are scheduled according to the company's production schedule going forward. Cline is continuing to mine metallurgical coal from its New Elk Coal Mine, which is being placed in stockpiles on the mine surface. The coal preparation plant is treating the raw coal produced from the mine and achieving the high specification standards for New Elk met coal. An active coal marketing program is in full effect to establish and settle long term customer relationships. Bulk samples of the product coal are being produced and distributed to the major national and international steel industry participants.
New Elk production of metallurgical steel making coal slated for world markets is anticipated to ramp up to a production rate of 3.0 million tons annually by the first quarter of 2012, as described and detailed in the National Instrument 43-101 Technical Report titled "NI 43-101 Technical Report New Elk Mine Project. Las Animas County, Colorado USA prepared for New Elk Coal Company LLC, subsidiary of Cline Mining Corporation" dated May 27th 2011 prepared by Mr Leo Gilbride and Mr Timothy A Ross of Agapito Associates Inc.
Cline Mining Corporation has announced that its first commercial sale of metallurgical grade coking coal was shipped on August 9th 2011 by Cline's wholly owned subsidiary New Elk Coal Company LLC from its coal mine located near the town of Trinidad in southern Colorado, USA.
The first coal shipment was made into rail cars from the company's newly constructed bulk rail load out facility at Jansen Yard near Trinidad. The coal was from first mine production and meets the full specification grade of New Elk's high quality metallurgical grade coal for steelmaking purposes. The New Elk metallurgical coal is a high volatile, high fluidity, high FSI and low sulphur product.
Ongoing continuing coal deliveries and shipments are scheduled according to the company's production schedule going forward. Cline is continuing to mine metallurgical coal from its New Elk Coal Mine, which is being placed in stockpiles on the mine surface. The coal preparation plant is treating the raw coal produced from the mine and achieving the high specification standards for New Elk met coal. An active coal marketing program is in full effect to establish and settle long term customer relationships. Bulk samples of the product coal are being produced and distributed to the major national and international steel industry participants.
New Elk production of metallurgical steel making coal slated for world markets is anticipated to ramp up to a production rate of 3.0 million tons annually by the first quarter of 2012, as described and detailed in the National Instrument 43-101 Technical Report titled "NI 43-101 Technical Report New Elk Mine Project. Las Animas County, Colorado USA prepared for New Elk Coal Company LLC, subsidiary of Cline Mining Corporation" dated May 27th 2011 prepared by Mr Leo Gilbride and Mr Timothy A Ross of Agapito Associates Inc.
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