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EastCoal Inc.: New Technical Report on Verticalnaya Coal Mine
Apr. 19, 2011 07:49AM PST
Industrial MetalsEastCoal Inc. (CVE:ECX) announced the filing of a technical report regarding the Ukraine-based Verticalnaya mine.
EastCoal Inc. (TSXV:ECX) announced the filing of a technical report regarding the Ukraine-based Verticalnaya mine.
The press release is quoted as saying:
The new technical report presents an optimized plan for the development of the Verticalnaya anthracite mine. The project has a net present value of US$ 615.3 million, at a discount rate of 10%.
To read the full press release, click here.
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