Coalspur Announces Completion of Bankable Feasibility Study at Vista

Coalspur Mines Ltd. (TSX:CPT,ASX:CPL) announced that a recently completed BFS reports that the company’s Vista project has high potential as a coking coal mine.

As quoted in the press release:

The BFS defined a 30 year mine life producing approximately 11.2 million tonnes per annum of marketable clean coal from the processing of approximately 20.4Mtpa of run of mine coal on Vista, after ramp-up to full production.

Coalspur’s Managing Director and CEO, Gene Wusaty said:

The positive results of the BFS confirm Vista’s potential as a first class export thermal coal project. The BFS includes a very detailed evaluation of Vista’s productive potential and a comprehensive assessment of the capital costs required to develop the mine.

Click here for the Coalspur Mines Ltd. (TSX:CPT) press release.