Sglogo_1

 

Events Reports Directory Forum Articles Jobs in Steel Resume Post Links Currency Archive Metal Rate Archive Glossary Import Duty Structure Incoterms 2000 Technical Info Trade Leads Currency Codes Contact Us Disclaimer Feedback Privacy Policy Site Map

 

FAIL (the browser should render some flash content, not this).

November 20, 2008


Rocher acquires additional Saskatchewan coal permit

Rocher Deboule Minerals Corp announced that it has entered into an agreement to purchase a 33.33% interest along with Goldrea Resources Corp and Molycor Gold Corp in two separate groups of coal permit applications covering approximately 400,564 acres.

Mr Larry Reaugh president & CEO of Rocher Deboule Minerals said that the north central group is located 450 kilometer northwest of the GoldSource Mines Inc coal discovery and entails 145 permit applications covering 330,335 acres in the Lower Cretaceous Mannville Group. In general, the sub bituminous coals of the Lower Cretaceous Mannville Group in Saskatchewan form seams of variable thickness and lateral extent that are spread over a wide geographic area.

The permit applications cover the approximate location of Mannville coals in the northeast corner of the study area where near surface coal occurrences are located. The property and the study area are described in Prospect Saskatchewan Issue No 3 dated October, 2005 by Saskatchewan Industry and Resources.

The Alberta Saskatchewan boundary group comprises 34 coal permit applications covering 70,227 acres. The permit applications cover the Macklin Coal field reported in Assessment Report 72N-0001 by Luscar Ltd dated March 1987.