A Canadian based company with coal assets in Ukraine, EastCoal Inc has announced that recent work at the main Verticalnaya anthracite mine has established that access to the new West Block in the west extension of seam H8 can be readily established.
The company said while access from the former mine into that area had been sealed off and was believed to be flooded, investigation of a ventilation drift has established that the access way is free of water.
Records indicate that the West Block of the H8 seam initially extends for approximately 2.5 kilometres along strike and three kilometers down dip. The Seam thickness is recorded in the region of 0.6 meters, which is less than for the other areas now being developed but can be mined with modern western equipment.
The company said that the potential of the West Block is significant in that, if developed, it could bring forward commercial production from the H8 seam by as much as 12 months and add to the overall production of the mine.
The company said an independent NI 43-101 compliant technical report is being commissioned to evaluate the coal resources in the West Block.
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