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Coal Exploration
Tulita - Northwest Territories
The Company has a 100% interest in six exploration licenses for 229,150 acres. The Tulita Report reveals that the Tulita Prospect contains approximately 1.544 billion in-place tonnes of historical resources and 140 to 175 million tonnes of exploration potential. The coal quality belongs to lignite coal. The coal samples have been successfully tested by Sasol-Lurgi for gasification. The Tulita Prospect lies within the Fort Norman Coalfield and is located approximately one and one-half miles east and approximately 35 miles south of the community of Tulita in the Northwest Territories. There are three prospect areas within the exploration licenses, referenced as Fort Norman, Seagull Island and Tate Lake. The Tate Lake Prospect Area is divided into three blocks; Northeast, Central and Plateau. The Seagull Island Prospect Area is divided into the North and South Blocks. Majority of the coal samples sent and tested by Sasol-Lurgi were taken from the Tate Lake Prospect area. If drilling confirms the historic resource quantity, the company intends to build a world-class gasification plant in four stages, with each stage producing 50 Bcf/year of syn-gas for shipment via the proposed Mackenzie Valley gas pipeline currently under development by Imperial Oil or liquid products, via Norman Wells Enbridge pipeline.
Related Document
NI43-101 Report (pdf : 4.1 MB) |
1-800-830-0988 | 604-628-1555
