Wildfire Activity in British Columbia Disrupts Activity at Pacific American Coal’s Elko Coal Project
Wildfire activity in British Columbia has caused disruption to activity at Pacific American Coal’s Elko Coking Coal Project in B.C., Canada.
Updated activity includes:
• Initial pre-drilling work undertaken
• State of Emergency & Province wide industry shutdown limits site access
• Drilling program suspended
• Completion of studies and approval process to recommence as soon as site access re ‐ established
• Pacific American Coal remains well placed with sufficient cash reserves to continue the development of Elko while assessing additional accretive investments.
About Pacific American Coal
Pacific American Coal Limited (PAK), identified a 257 million tonne JORC resource at its flagship Elko Coking Coal Project. The Elko Coking Coal Project is located in the Crowsnest Coalfield of the East Kootenay Coal Basin in British Columbia, Canada. Coal from the Elko region has been tested and confirmed to contained coking properties that are sought after by South East Asian steel mills.
Elko is located in a known coking coal mining area, with the advantage of having established infrastructure and supportive local communities. PAK has conducted in-field exploration activity and has advanced the Elko Coking Coal Project through to the initial Concept Design stage. Planning is currently underway for the next phase of permitting work to support future exploration activity.
To stop by Pacific American Coal’s website, CLICK HERE
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