Work on a scoping study at Prairie Mining’s recently acquired Debiensko hard coking coal project in southern Poland has commenced.
In October 2016, Prairie announced that it had acquired Debiensko, a fully permitted, ‘mine ready’ hard coking coal project of significant scale. This transformational acquisition marked Prairie’s entry into the hard coking coal sector, complementing the company’s advanced Jan Karski mine, and creating a multi-project coal development company based in Poland to supply European industry. Prairie believes Debiensko has the potential to become a strategically important supplier to the European steelmaking industry. Therefore it has accelerated project works by commencing a scoping study to be completed early to mid-2017. The study will be completed to international standards and will focus on near-term production opportunities with minimal upfront capital.
The company indicated that the study will explore options for the near-term development of profitable coal seams while minimising upfront capital costs.
Prairie will publish a maiden JORC Resource Estimate early 2017, which will support the scoping study mine plan.
HaskoningDHV to complete the Scoping Study given their extensive and recent track record of successful involvement in coal projects including Prairie’s Jan Karski mine.
Prairie’s CEO Mr. Ben Stoikovich said: “As promised, we are rapidly advancing the assessment of our Debiensko project with a scoping study now underway. Royal HaskoningDHV are independent mining consultants who bring significant experience in deep underground coal mining, both in Europe and internationally. We are looking forward to announcing a maiden JORC Resource Estimate early next year which will be used to support the Scoping Study at Debiensko.