January 28, 2009 Reported that it has completed a National Instrument 43-101 compliant technical report. Highlights of the report include:
· 86 million tonnes of Proven Reserves of metallurgical coal in two deposits, Belcourt North and Belcourt South.
· 167 million tonnes of Measured (including 2 million tonnes thermal) and 4 million tonnes of Indicated Resources among the two deposits
· Potential production of 4 million tonnes per year of saleable clean coal
· 15 years of production from defined reserves on the property
January 6, 2009 Announced that it is planning to reduce operations at the Brule mine