1.00 $ Coal Mine With 17 Mil PROVEN Tons Of Met Coal. Sumpter

Published date: June 21, 2024
  • Location: Sumpter, Oregon, United States

Coal Mine With 17 Mil PROVEN Tons Of Met Coal.

⭕ We have a mine in northern Alabama that we have done extensive work to get this to the stage its at. We have a few possibilities for interested parties. We spent over 1 M USD to have an established engineering company prove out only the first seam. 17 Million tons were proven with 9.5 M of recoverable tonnage.

This is all Met coal, and we are in discussions over a contract on the coal sale. We will add an equity partner to bring this to fruition or would look at selling the rights outright, or getting a contract miner to come in.

Met coal (Coking) was the best performing commodity of 2016, and Bloomberg forecasted the same for 2017. Political waters are heavily favoring coal, that is why we think the timing is right.

Please if serious call

Phone number ✆ +1 503-645-9778

Sumpter, Oregon

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