Strategic Metals Ltd has released a Scoping Study and a Preliminary Economic Assessment (PEA) for its Division Mountain Coal Project in the Yukon. The reports evaluate the viability of an open-pit coal mine to supply coal-fired power plants as an alternative to expensive imported diesel and LNG.
Strategic Metals Ltd has released a Scoping Study and a Preliminary Economic Assessment (PEA) for its Division Mountain Coal Project in Yukon. The reports evaluate the viability of an open-pit coal mine to supply coal-fired power plants as an alternative to expensive imported diesel and LNG.
Strategic Metals Ltd. has acquired two coal licenses for the Division Mountain thermal coal deposit in the Yukon. The deposit contains a historical measured resource of 52.5 Mt and a proven reserve of 26.4 Mt, though these figures are not currently NI 43-101 compliant.
Benjamin Hill Mining Corp. is diversifying its portfolio by acquiring a 20% interest in Aion Mining Corp's permitted coal project in Colombia. Additionally, the company's Alotta Exploration Project in the Yukon has shown significant porphyry mineralization following recent diamond drilling.
