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    coal investing

    Maxim Subsidiary Reports Updated Coal Resource Estimate at Mine 14

    Investing News Network
    May. 03, 2012 06:40PM PST
    Industrial Metals Investing

    Maxim Power Corp. (TSX:MXG) announced that an updated technical report increased the coal estimates at the Mine 14 metallurgical coal project.

    Maxim Power Corp. (TSX:MXG) announced that an updated technical report increased the coal estimates at the Mine 14 metallurgical coal project.

    As quoted in the press release:

    The report outlines Measured and Indicated Resources are 119.3 million tonnes, reflecting a 359% increase over those reported in 2005, and Inferred Resources are 154.0 million tonnes.

    Click here for the Maxim Power Corp. (TSX:MXG) press release.

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