Montem Resources is the owner of six world class coking coal properties, with a combined in-place resource of over 220 million tonnes.
The Chinook Coal Properties span across two blocks and comprise a total of six coal properties; Chinook North, Chinook South, Tent Mountain, Isola, Vicary-Racehorse and Oldman. The properties are a source of medium volatile bituminous coking coal and have a combined in-place total resource of 220 million tonnes, with the majority of the resource in the indicated category.
The properties are located near the town of Coleman in southwest Alberta and adjacent to the British Columbia border. The sites are accessible by an all-weather highway and thereafter via local access roads. Power and natural gas transmission facilities transect the immediate area and a main east-west line of the Canadian Pacific Railway runs through Coleman and the properties. Moreover, there are several significant water resources on the Tent Mountain permit area and Chinook North.
Regional Geologic Setting
The Chinook Coal Properties lie within the Rocky Mountain Front Ranges and west of the major Lewis Thrust. The resulting deformation is associated with shearing, pinching, swelling and imbrication of coal beds. This has resulted in the thickening of coals in the cores of flexures and thinning along structural flanks. The area is also characterized by a series of imbricated anticlines and synclines that trend to the northwest and are separated by a series of thrust faults. Consequently, the coal beds are commonly repeated in an east-west direction.