“We expect 2017 to be a productive year for Atrum as we conduct additional drilling at Groundhog North to underpin a reserve statement and future definitive feasibility study, as well as provide product samples of ultra-high grade anthracite for customers in Asia, Europe and South America,” said Director James Chisholm. “Our meetings in Canada with Aboriginal Partners and customers wanting samples of anthracite from Groundhog and via the Export Sales Joint Venture with ACG have been very encouraging.”
Exploring and developing the world’s largest anthracite deposit at Groundhog remains the company’s key priority, the company said. The company plans to be back on site at Groundhog North during the winter to extract additional samples for north Asian steel mills and industrial customers, and to complete drilling to underpin a reserve statement and future definitive feasibility study (DFS). It expects the DFS to be conducted toward the end of the year.
