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Velocity Minerals To Joint Venture Arkansas Coal Project And Review Production Feasibility
Oct. 03, 2011 01:35PM PST
Industrial MetalsVelocity Minerals Ltd. (TSX:VLC) announced its agreement to engage in a joint venture coal project in Arkansas.
Velocity Minerals Ltd. (TSX:VLC) announced its agreement to engage in a joint venture coal project in Arkansas.
As quoted in the press release:
The project is a historical metallurgical coal deposit with an exposed highwall from previous surface mining. The Lessee is proposing starting production with a mining operation that will focus on the highwall and then go underground.
Click here to read the Velocity Minerals (TSE:VLC) press release.
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