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Coal
New Elk Coal Mine Project, United States
Cline has
acquired the New Elk coal processing plant, plant site,
buildings, dumps and conveyors systems and rail rights
of way at the New Elk coal mine site in southern
Colorado. Cline also has the rights to acquire the
related New Elk in-place coal resources and related
assets, in process. The New Elk coal is metallurgical and thermal coal. Agapito Associates, Inc. has completed an independent Canadian National
Instrument 43-101 Report on the New Elk coal resources
which calculates 618.9 million tonnes of Measured and Indicated ("M&I") coal resource.
More.
Lodgepole, Sage Creek
and
Cabin Creek Coal Properties, Canada
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Gold
Cline Lake Gold
Located in the Wawa gold camp in Ontario,
Canada. There are four mine shafts on the Cline Lake
property, the deepest going to 1,165 feet.
The company has NI 43-101 compliant gold
resource. The Company is considering alternative
for further exploratin and development which
includes seeking joint venture partners or
spanning asset out into a separate gold-focuses
entity.
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Iron-ore
Bekisopa Iron-ore
The Company owns the Bekisopa
iron-ore-deposit properties (Bekisopa East) in
Madagascar. The BRGM, Madagascar government and the U.N.
early data base reports original Beki-East iron deposit
at between 25 per cent and 65 per cent averaging 45 per
cent, resource 150 million tones, largely magnetite
surface ore. |
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