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Pine Valley updates Willow Creek Mine status in 2005 plan
Pine Valley Mining reports commissioning of equipment to raise Willow Creek Coal Mine output to 110000 tonnes monthly. Capital costs under construction rose by about 2300000 due to accelerated expenditures, better systems, more concrete, delays and weather. Financing revised Rockside loan to 8850000 with 5100000 drawn, plus bonus shares equal to 1 percent per five weeks. Coal prep facility design begins with budget over 6000000, cost estimates due January 2005.
MENTIONED IN THIS ARTICLE
Pine Valley
Willow Creek
Vancouver - Pine Valley Mining Corporation
Rockside Foundation
Rockside