STEWART, British Columbia FORTUNE MINERALS of London, Ont., has retained Marston Canada to conduct a marketing study of anthracite products from its 100%-owned Mount Klappan coal project, 150 km from this port city. The study will consider both North American and overseas markets, customers and prices. Results will be applied to an updated feasibility study planned for later this year.
There are four deposits on the Mount Klappan property. Resources total 2.8 billion tonnes, an amount that is currently being updated. A technical report on the project is posted at www.fortuneminerals.com.
The Mount Klappan property straddles the BC Rail right-of-way. Canadian National Railway recently said it will purchase BC Rail and indicated that it wants to upgrade its infrastructure in northwestern British Columbia. Such improvements would benefit shipping coal from the project.