Overview
| Status | Temporary Suspension |
| Mine Type | Open Pit & Underground |
| Commodities |
|
| Mining Method |
- Truck & Shovel / Loader
- Highwall
- Longwall
|
| Mine Life | 20 years (as of Jan 1, 2020) |
Blackstone Project exploration paused by Alberta government since April 2021.
In a February 2020 presentation to its investors, months before the Coal Policy was rescinded, the company boasted about meeting with key members of the Alberta government and receiving letters of support for the Blackstone project.
The letters suggest that the UCP government backed Valory Resources’ plans for the Eastern Slopes long before it ever made the legislative changes to make them possible. |
Source:
p. 6,16
Contractors
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Summary:
Geology and Structure:
- Cretaceous Luscar and Alberta Groups, interbedded sandstones, shales, conglomerates;
- Synclinal basin bounded to the southwest by the Pine Needle Creek Trust Fault and to the northeast by the Brazeau Thrust Fault;
- The Coal Bearing Gates Formation underlies this basin, strikes northwest/southeast and plunges gently to the south;
- Formation dips steeply in the west towards the Pine Needle thrust fault and subcrops along the eastern margin of the Tay River Syncline;
- 4 coal bearing seams (A, B, C, D) plus 2 upper marker seams (M1, M2) within an horizon of approximately 100m.
Target seams:
— A & B of economic potential considered in current evaluation;
— C seam considered too thin and low quality;
— D seam shows potential subject to further exploration.
Mining Methods
- Truck & Shovel / Loader
- Highwall
- Longwall
Summary:
Mine Plan:
Stage 1 – Open Cut (OC) & Highwall (HW) mining;
Stage 2 – Single Underground Longwall plus OC & HW;
Stage 3 – Second Underground Longwall plus OC & HW.
Reserves at January 30, 2020:
| Category | OreType | Tonnage | Commodity |
|
Inferred
|
In-Situ (OP)
|
19 Mt
|
Coal (hard coking)
|
|
Inferred
|
In-Situ (UG)
|
157 Mt
|
Coal (hard coking)
|
|
Inferred
|
Total
|
175 Mt
|
Coal (hard coking)
|
Mine Management:
| Job Title | Name | Phone | Profile | Ref. Date |
.......................
|
.......................
|
.......................
|
|
Feb 21, 2023
|
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Corporate Filings & Presentations:
| Document | Year |
|
...................................
|
2020
|
|
...................................
|
2019
|
|
Other
|
2013
|
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- Subscription is required.