Global Met Coal Corporation (TSXV:GMZ,FWB:B1H) announced its submission of a technical report on the Mongolia-based Mogoin Gol Coking Coal Deposit.
Global Met Coal Corporation (TSXV:GMZ,FWB:B1H) announced its submission of a technical report on the Mongolia-based Mogoin Gol Coking Coal Deposit.
As quoted in the press release:
SRK recommends that GMC develops a two phase exploration work program, with an estimated expenditure of USD1.5M to attain a PFS level. SRK considers that GMC should expect an additional cost of approximately USD2-3M for the exploration, sampling, infrastructure, mining and environmental studies/activities necessary to complete a Feasibility Study within three years.
Click here for the Global Met Coal Corporation (TSXV:GMZ) press release.