Yukon coal for sale

Pitchblack Resources has opened its Division Mountain coal project in the Yukon Territory to potential joint venture development or acquisition.

The project consists of a high-quality bituminous coal deposit with low sulfur content and an NI 43-101 resource of 52 million tonnes.

Pitchblack describes the 560,000-acre exploration license as a region with “known coal occurrences in an underexplored basin with identified potential for significant reserve expansion”

The company says the project is accessible by road and close to Yukon’s electrical grid system.

Colonial outlines BC program

Metallurgical miner Colonial Coal has identified three drill target areas for initial exploration at its Flatbed project in northeastern British Colombia.

The exploration is aimed at better defining underground mineable metallurgical coal deposits for seams targeted at depths between 200m and 600m.

The drill targets were determined after review of data that included a regional geological compilation map of the Peace river region, past exploration records of the area and results from Colonial’s early reconnaissance work at the site.

Last month, the Vancouver-based developer wrapped up a 36-hole program at its Huguenot property which claims a resource of more than 189Mt of coal, measured and indicated.

CCS hopes piqued

Anticipation is building for Saskatchewan Power’s Boundary Dam carbon capture and storage facility as the utility provider reports steady progress and a preliminary offtake deal.

SaskPower says the power station near Estevan in Saskatchewan is the world’s first and largest coal-fired integrated CCS project and is on schedule for a 2014 launch.

“This will come in on time and on budget,” SaskPower CCS head Michael Monea told Retuters today.

SaskPower also signed a sales deal with Cenovus Energy by which the oil company will purchase 1 million tonnes per annum of captured CO2 from Boundary Dam for use at one of its enhanced oil recovery projects.