A Pakistani resource company, with a proven management team and a series of high quality coal assets is inviting firms and individuals to invest in the development of a large scale thermal and coking coal project. The firm owns 7 coalfields, and wishes to begin further exploration and development on all tenements by April 2012.
Very large thermal and coking coal fields at exploration stage
Extensive drilling results, independent geology report and independent valuation
Development timelines are well developed, 2 more drill rigs operating
All tenements/Coalfields are owned 100% by the company
Infrastructure in place or under negotiation for all tenements
Coal Mining Area Allocation:
o Minimum area for Mining is 500X6000 feet including all seams (5 Seam in an area)
o Maximum area for Mining up to 15000X6000 feet including all seams,
o One Mine area 150 X 6000 Feet.
Coal Production per mine In Local Procedure:
o Production from a 150X6000 feet area mine is about 35 tons a day on only one seam
o Production from a 150X6000 feet area mine is about 120 tons a day on three seams
Coal Production per Mine on International Procedure:
o Production per mine is about 200 tons a day on only one seam
o Production per mine is about 400 tons a day in all seams
Time line of Leasing:
The Resource Owner will allocate land for mining to Investors for 10 years renewable.