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%.
- Published: 06 July 2012
- Written by Editor