Pitchblack completes sale of Division Mountain coal project
Published by Louise Mulhall,
Editorial Assistant
World Coal,
Pitchblack Resources Ltd. has completed the previously announced sale of its Division Mountain coal project in consideration for a cash payment of US$100 000.
The sale of the Division Mountain coal project is the result of the company's strategic review of its assets, strengths and go-forward plan. As Pitchblack has not conducted any exploration work at the Division Mountain project in the past few years, it had written off the entire value of the property.
Read the article online at: https://www.worldcoal.com/mining/22082017/pitchblack-completes-sale-of-division-mountain-coal-project/
You might also like
BLM coal lease sale at Freedom Mine nets US$106 292
The Bureau of Land Management announce that Coteau Properties Company of Beulah, N.D., was awarded a lease to mine 18.3 million t of available federal coal across 1070 acres for US$106 292 at Freedom Mine in Mercer County, N.D.