Cline received the Coal Licenses to the Sage Creek metallurgical coal mine property and obtained an independent Canadian Instrument 43 101 Report from Norwest Corporation calculating the presence on the Sage Creek coal property of a coal resource of 154.6 million tonnes of coal in place. Coal is good quality coking coal and a major valuable Canadian natural resource capable of generating $5 billion in its first Phase development.

The Cline Sage Creek coal property in Southeastern British Columbia has a 154.8 million tonne high quality metallurgical coking coal resource in place. The coal Resource was calculated for Cline by Norwest Corporation of Calgary in 2004 in the Norwest Canadian National Instrument 43 101 Report.

Sage Creek coal is in three coal seams, which total to an average coal thickness of 28 metres. The comprehensive data base including extensive drilling, mapping, trenching, bulk sampling and coal quality analysis results.

Initial economic projections on 2004 coal prices indicate the possibility for the initial mine to generate some $5 billion dollars in the first phase Development. Click here for the full NI 43 101 Report. The Norwest report confirms that the Sage Creek coal deposit is a major strategic and extremely valuable British Columbian coal resource.

The development of Sage Creek coal is subject to a revision by the B.C. government of its current coal policy for the southeast area of the Province where Sage is located and where a mining moratorium is presently in effect. Cline has been notified by the government that Sage Creek development rights will not be granted except to Cline.