The Armit project is located in eastern Saskatchewan. The project is owned 87.5% by Saturn and 12.5% by Inowending Exploration & Development Corp. The project is 13,000 acres in size and hosts the Leif coal seam which was discovered in 2010.
The Leif coal seam ranges in true thickness (no partings) from 2 to 9.5 meters and in depth from 100 to 110 meters. Tonnage of the Leif coal seam is still not known, with current strike being approximately 4.5 km and still open in two directions.
Coal quality of the Leif coal seam ranges in quality from 8,000 BTU/lb to 8,400 BTU/lb (air dried) with an average ash content of 22% (as received) and an average sulphur content of 1.6% (as received). No washability tests have been completed on the Leif coal seam to date.
The Leif coal seam lies within 1 km of active rail.
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