Risk and valuation analysis of the Raven Coal Project |
Status Risk : Advanced discovery |
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Location of the Raven Coal Project |
The project is located 80km northwest from Nanaimo, BC, and approximately 60 km southeast of the currently producing Quinsam Coal Mine and approximately 2-20 km away from previous producing mines near and south of Cumberland BC. The Raven Coal Deposit is also 2 km from the main Island Highway and the E&N Railway.
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History of the Raven Coal Project |
Historical production from a portion of the property totaled 2 million tons of coking coal during the period 1949 to 1966. Drilling from 1975 to date on the property includes 73 holes totaling 13,500 meters of drilling.
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Geology of the Raven Coal Project |
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The Raven Coal Deposit covers an area of approximately 3100 hectares.
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