PRZOOM - /newswire/ -
Winston-Salem, NC, United States, 2011/03/22 - Liberty Coal Energy (LBTG) engages in the acquisition, exploration, and development of coal properties in North America.
Its properties include North Ranchester Coal project, which is located in the north of Sheridan, Wyoming; and South Powder River Coal project in the southern end of the Powder River Basin in Campbell County, Wyoming.
Liberty Coal Energy Corp. is dedicated to the acquisition, development and production of Clean Coals from the Wyoming, Great Plains and Rocky Mountain areas. The Company is committed to creating value for its shareholders by maintaining the highest environmental standards to produce clean coal for the nation’s energy needs.
LBTG Investor Highlights
North Ranchester Project - The Sheridan coalfield north of Sheridan Wyoming, this property is approximately 1200 acres. The entitlement is currently composed of one coal lease. The North Ranchester property is about 5 miles south west of the Decker Mine in Montana, which has been producing coal since the early 1960s.
South Powder River Project - Located in the southern end of the Powder River Basin in Campbell County Wyoming, the property is currently held as a 640 acre Wyoming State lease.
Eight previous drill holes have established the resource of approximately 73 million tons of sub-bituminous coal underlying the entire property and extending into surrounding lands.
The electricity used by one out of every five homes and businesses in the US is produced from coal mined in Wyoming.
Over 100 coal trains enter Wyoming empty and leave loaded and bound for all points daily.
Nearly one in six Wyoming workers are directly or indirectly employed in coal development.
The largest US coal mine, Black Thunder, lies within the Wyoming portion of the Powder River Basin.
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