Natasa Mining Ltd. said Sept. 26 that the company has received an updated Technical Report on its 100%-owned Fox Creek Coal Project in Alberta, Canada.
The report, entitled “Technical Report Fox Creek & Fox Creek West Coal Properties Alberta,” and authored by experts from consultant Norwest Corp., has been prepared in order to meet the requirements of the Canadian National Instrument 43-101.
The report was commissioned by Natasa to take into account the additional coal leases, granted by the Alberta government to the company, and located to the west of its existing Fox Creek leases, as announced in October 2012. The original leases were previously the subject of a technical report, also provided by Norwest, the results of which are included in an announcement from February 2012.
The updated in-place surface mineable coal resource figures cover an area under lease of 39,968 hectares and total approximately 1.55 billion tonnes.
Natasa Mining is listed on the AIM segment of the London Stock Exchange.