Western Canadian Coal Open House

Western Canadian Coal hosted an Open House Wednesday, March 16 to speak to residents of Tumbler Ridge about the proposed Wolverine Mine Project. John Hogg was on hand to answer questions and speak to those in attendance about what is happening with this mine. The Wolverine mine will be located approximately 25 Km from Tumbler Ridge. The Environmental Assessment Certificate was received January 19th, 2005. Gary Livingstone, President and CEO, stated, ?Receipt of the EA Certificate signifies that the B.C. Government is satisfied with the technical, environmental and socio-economic merits of the project plans. As the Company proceeds with detailed planning, we will continue to satisfy regulatory, First Nations, stakeholders and community issues and concerns. It is also another important milestone in the transition of the Company to a significant metallurgical coal producer?.

The Mines Act Permit for the Mine Plan and reclamation program was received in March, 2005 and the initial site preparation and construction is set for April 2005.With things moving along, members of the community were on hand to hear some of the details surrounding the mine, and as usual the main concern was jobs. There were several questions surrounding the operation of the Wolverine mine and the employment opportunities that this would create. With construction slated to begin later this spring, operations is still being looked at. ?It is a matter of economics,? said Hogg. ?We are up against some pretty stiff competition?.

In a news release, Western Canadian Coal says, ?The Company plans to construct a coal preparation plant and rail load-out located adjacent to the Perry Creek pit initially capable of handling 2.4 million tonnes of hard coking coal per annum, expandable to 3.0 million tonnes. Construction of the coal preparation plant is a critical aspect of this project and it is anticipated that this process will take up to 18 months to complete. Independent engineering studies obtained by WCCC estimate that the 2.4 million tonne capacity plant and facilities for Wolverine will require a capital investment of approximately $180 million. This includes site preparation, plant construction, pre-production stripping and associated provisions and contingencies necessary to bring the property into operation using contractors for waste stripping and coal mining. On the assumption that these works are completed on schedule, production is expected to commence at the Perry Creek open-pit in the first quarter of calendar 2007.?