Altitude Resources permits next phase of Alberta coal exploration

Altitude Resources (TSX VENTURE: ALI) announced Nov. 28 that it has initiated permit applications with the Alberta provincial government for a drill program at the Elan Coal property located in southern Alberta, Canada.

The proposed program is designed primarily for determining coal quality and calls for the drilling of up to 1,800 meters with a C$1.2m budget.

The drill targets in the proposed program were identified in the October preliminary field assessment program carried out by Dahrouge Geological Consulting Ltd. of Edmonton, Alberta. Dahrouge has also been contracted to oversee the proposed 2014 drill program. It is expected that the approval will be received in the first quarter of 2014 and the program is expected to start shortly thereafter.

Gene Wusaty, company President and CEO, said: “The planned 2014 drill program will test new coal targets identified in the 2013 field exploration and will focus on providing more extensive coal quality analysis.”

The drill program is targeting the Elan Coal Property, which is located in southwestern Alberta near the historic coal mining municipality of Crowsnest Pass and adjacent to Riversdale‘s recently-acquired Grassy Mountain coal project. The property can be accessed by driving north from Crowsnest Pass on secondary roads. Elan has access to rail and port infrastructure with spare capacity. Coal rank is low- to mid-vol.

Altitude Resources is a new Canadian coking coal exploration and development company focused on developing its portfolio of coking coal properties in west-central Alberta. Altitude’s properties include the Palisades Coal Project and an option on Elan Coal.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.