Cline Mining Files NI 43-101 Technical Report for the New Elk Coal Mine - 59% Increase in Measured and Indicated Coal Resources

Cline Mining Corporation ("Cline Mining" or the "Company") (CMK.TO) is pleased to report that it has completed and filed an updated resource estimate for the New Elk coal mine property situated in Trinidad, southern Colorado. The results of the updated resource estimate show 618.9 million tons of Measured and Indicated ("M&I") coal resource, an increase of 230.4 million tons, or 59%. The Company also has Inferred coal resources of 104.5 million tons, an increase of 81.8 million tons, or 360%.

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Cline Mining Acquires Additional Properties

New Elk Coal Company LLC (the "Company" or "New Elk"), a wholly owned subsidiary of Cline Mining Corporation ("Cline") (TSX:CMK ) has entered into an Agreement with the Department of Wildlife of the State of Colorado ("DOW") significantly extending its present DOW coal mining property area at its New Elk coal mine in Las Animas County, southern Colorado, as announced on May 14, 2012.  The initial New Elk DOW coal mine lease covers an area of 15,553 acres, and the extension area will add a further 14,387 contiguous acres to the initial DOW lease, resulting in a new total coal lease area of 29,940 acres.

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Cline Mining issues second round of bonds in principal amount of US$25 million

Cline Mining Corporation ("Cline" or the "Company") (CMK.TO) is pleased to announce that it has today issued a second round of certain senior secured bonds having a principal amount of US$25 million (the "Bonds"). This Bond issuance is made in connection with the Company's previously announced debt financing whereby the Company entered into a trust indenture (the "Trust Indenture") with Marret Asset Management Inc. ("Marret") and Computershare Trust Company of Canada as trustee for certain investment funds advised by Marret (the "Lenders").

The Bonds issued today will mature on February 27, 2014 and will bear a coupon of 10% per annum, payable semi-annually in arrears in equal instalments.

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CanAm Reports Coal Sales of 50,000 Tons for Q4, Up Nearly 6-Fold From the Prior Year

CanAm Coal Corp. (TSX VENTURE:COE) (OTCQX:COECF) ("CanAm" or the "Company") is pleased to report coal sales for the fourth quarter ending December 31, 2011. Coal sales of 49,852 tons were achieved in the fourth quarter of 2011 as compared to 8,526 tons in Q4 of 2010 or an increase of 41,326 tons. The fourth quarter only represents a two month quarter as the Company changed its year-end from January 31, 2012 to December 31, 2011. For the eleven month period ended December 31, 2011, coal sales were 256,221 tons as compared to 42,198 tons in the prior year or a six-fold increase. For 2010, sales have been shown on a comparable basis.

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NEW YORK, NY - April 9, 2012 (Investorideas.com Mining stocks newswire) TurkPower Corporation (OTC.BB: TRKP) (the "Company") announced today that the Company plans to change its name to SibMet Coal Corporation. The name change reflects the Company's expanding focus on the booming metallurgical coking coal industry and the Company's projects in Siberia.

 TurkPower recently announced the acquisition of the Zavyalov Square of the Toguchino Coal Field ("Zavyalov") located in the Toguchino District of Novosibirsk Region, Russia. Zavyalov decrees over 100 million tonnes of forecasted extractable quantity of coking coal. As part of the transaction the Company received inventory of coking coal worth in excess of $20 million, which the Company expects to sell in the second quarter of 2012.

Read more: Coal Stocks Alert; TurkPower (OTCBB:TRKP) Reports Proposed Name Change to SibMet Coal Corporation