Welcome to Coalspur Mines Ltd
- View the Coalspur 2009 Annual Report Online via Reportcast
Coalspur Mines Ltd ("Coalspur" or "Company") is a coal exploration and development company with a large coal project located in a coal province within Alberta, Canada, the Vista Coal Project.
The Company is currently progressing the development of the Vista Coal Project which has the potential to be one of the largest export thermal coal mines in North America.
Coalspur has offices in Calgary and Hinton in Canada as well as in Australia. The Company is currently progressing a TSX listing and is currently listed on the Australian Securities Exchange ("ASX") under the symbol "CPL".
The Vista Coal Project covers approximately 28,000 ha and contains 20km of continuous gently dipping strike length and a coal resource base increased to over 900 million tonnes of low sulphur, high volatile bituminous, export quality thermal coal with over 810 million tonnes (90%) of the resource in the Measured and Indicated category.
The Vista Coal Project is able to leverage off already established first world infrastructure, with CN rail facilities located adjacent to the Project that are substantially underutilised and provide a rail track suitable for the transport of coal to deepwater ports with excess capacity that already service the growing demand from the Asian Pacific Rim countries, including China, Japan and Korea.
The Company is currently completing a Prefeasibility Study on the entire Vista Coal Project that is scheduled to be completed in the 4th Quarter of 2010. A substantial number of technical studies have already been completed to date on parts of the Vista Coal Project, which confirm the Project's potential for strong economics.