Montem intends to complete a feasibility study for the Tent Mountain mine which will aim to show a fast re-start of operations is feasible, at relatively low start-up capital.
The Tent Mountain mine is located on the Front Ranges of the Canadian Rocky Mountains in south western Alberta and straddles the Alberta-British Columbia border about 16 km west of the town of Coleman.
The project is 6 km south of the main rail line operated by Canadian Pacific Railway, providing access to coal export terminals in Vancouver, and north at Ridley Terminals in Prince Rupert.
Coal was discovered at Tent Mountain by prospectors in the early 1900s, and small-scale underground mining was carried out until the 1940s.
In 1948 the first open-cut mine was opened at Tent Mountain, and various phases of open-cut mining occurred until 1983 when operations of the Coleman Collieries were suspended.
The project area is covered by a total of 36 crown coal leases and freehold tenements at Tent Mountain that cover approximately 1,931 ha.
Tent Mountain has a current mine permit granted by the Alberta Energy Regulator (AER). The mine permit number is C85-16G. Tent Mountain has a current Environmental Protection and Enhancement Act (EPEA) approval.
In its current state the EPEA does not allow mining and requires amendment to allow mining activities to re-start at Tent Mountain. Montem is in the process of applying for an amendment to the EPEA, along with several other licences which are required to undertake mining.
Coal seams range in average thickness from 3.8m (Seam 7) to over 9.1m (Seam 5). The Tent Mountain resource is considered a medium volatile bituminous coal that has potential to produce hard coking coal. 32.1Mt (27.1Mt Indicated, and 5.0Mt Inferred) of insitu coal resource at less than 10:1 stripping ratio (bcm:insitu tonne).
The full report detailing the current JORC Resource Estimate can be downloaded using the link below: