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The Overflowing & Rat Creek projects are located in Manitoba are are owned by Saturn 100%. The Overflowing hosts two coal discoveries, the Karolina coal discovery made in 2011 which encompasses coal seam thicknesses of 3 to 89 meters beginning at depths of 10 to 45 meters and the Thunder coal discovery made in 2012 which encompasses coal zone thicknesses of 26 meters beginning at a depth of 15 meters. The coal discovered at Karolina ranges in calorific value from 8,800 BTU/lb to 10,300 btu/lb (ad) with an average ash content of 18% (ar) and an average sulphur content of 1.5% (ar). The coal discovered at Thunder ranges in calorific value from 7,700 BTU/lb to 9,600 BTU/lb with an average sulphur content of 1% in the shallowest 8 meters of the seam. Current strike of the coal Karolina discover is approximately 600m and is open to the north, east and west. The Thunder discovery consists of a single drill hole and is open in all directions. The exploration model for the Overflowing & Rat Creek projects is a karstification landscape which represents significant depressions across a large area in the depositional paleo-environment which under the correct conditions can potentially host anomalously thick coal targets at shallow depths that may potentially be very conducive to conventional extraction methods. |
