Columbus Energy Limited: Progress Towards Joint Venture on Jan Kanty Coal Mine in Poland
07 9월 2011 - 9:46AM
Marketwired
Columbus Energy Limited (TSX VENTURE: CEL) (the "Company") is
pleased to announce positive progress regarding the right of first
refusal it has with Vesado Limited, a Cyprus based company, which
is currently making an application to reopen the Jan Kanty coal
mine in the Upper Silesian region of Poland through its wholly
owned local subsidiary S.W.J. of Jaworzno and Warsaw.
The Company involvement was first disclosed in the Company news
release of August 23, 2010 and in subsequent Management
Discussions.
Last year S.W.J. bought from the Ministry of the Environment the
mine's geological and technical data following which S.W.J.
contracted Mr. Markowski of KPG in Katowice and Professor Barbara
Tora of AGH in Krakow to carry out a feasibility study to support
the submission of an application to re-open Jan Kanty.
This analysis, carried out over the last 10 months, has provided
the basis for an environmental impact study, which has now been
submitted to the City of Jaworzno, where the mine is located. On
the 29th of August a call for objections on environmental grounds
was posted in the City Hall of Jaworzno. This remains in place
until September 28th.
S.W.J. remains confident that its professional approach which
incorporates a strong emphasis on protection of the environment
will meet with success and be beneficial to all parties
concerned.
The Jan Kanty mine is situated in the Jaworzno District, South
East of the town of Sosnowiec in Upper Silesia Poland.
The mine license area covers 30 square kilometers and is bounded
by surrounding mine license areas. Jan Kanty ceased production in
August 2000 as mining coal was then uneconomic.
The men and materials shaft (Witold I) is still operative with
all winding equipment still working. The shaft depth is 270 meters
and all equipment and cables are reportedly in reasonable
condition. The office block and workshops are all still serviceable
and the majority of the mine buildings are still standing and
functional.
The skip winding shaft (Witold II) which would carry coal and
rock waste is also still open, but all winding equipment has been
removed. The power/switchgear house for the mine has 12Mw capacity
and is in operating condition.
To prevent flooding underground, water from the mine is still
being pumped to the surface. All ventilation fans are said to be
operative.
The logical customer for the coal from Jan Kanty is the local
Jaworzno III power plant which is located two kilometers away. The
neighbouring mine at Sobieski transports its coal to this plant by
rail.
The Company is in advanced negotiations with S.W.J. to form a
joint venture for the development of the Jan Kanty coal mine.
This news release includes certain "forward-looking statements".
All statements other than statements of historical fact included in
this release, including, without limitation, statements regarding
potential mineralization, exploration results and future plans and
objectives of the Company are forward-looking statements that
involve various risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's expectations include market
prices, exploitation and exploration results, availability of
capital and financing, general economic, market or business
conditions, uninsured risks, regulatory changes, defects in title,
availability of personnel, materials and equipment, timeliness of
government approvals, unanticipated environmental impacts on
operations and other exploration risks detailed herein and from
time to time in the filings made by the Company with securities
regulators. The Company expressly disclaims any intention or
obligation to update or revise any forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Columbus Energy Limited Douglas W. Scheving Director
and Corporate Secretary 1 604 684 7619 1 604 684 7346 (FAX)
Columbus Energy Limited (TSXV:CEL)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Columbus Energy Limited (TSXV:CEL)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024