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Cobalt Coal Ltd. (TSXV:CCF) announced details of a transaction regarding the acquisition of five coal properties in Virginia.
Cobalt Coal Ltd. (TSXV:CCF) announced details of a transaction regarding the acquisition of five coal properties in Virginia.
As quoted in the press release:
Cobalt will acquire the mining rights on 5 separate tracts of land covering a total of 4900 acres in Virginia, USA. Each tract, containing at least 4 seams of metallurgical coal, offers Cobalt the potential to commence multiple mines, as has been done historically in the immediate area.
Click here for the Cobalt Coal Ltd. (TSXV:CCF) press release.
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