The off-quarry limestone will be taken from limestone uncovered beneath the oil sands in the Muskeg River Mine, for use in mining operations as unprocessed road base and fill material. For Birch Mountain, this is a no-cost opportunity to increase overall market share.
Anticipated volumes are one-half to one million tonnes per year.
'I am also pleased to report that Birch Mountain has recently delivered its first order for reagent limestone. Although this order was relatively small, it is a positive development that confirms interest in our reagent products and the quality of our limestone,' says Joel.
Forward-Looking Statements:
This news release contains certain forward-looking statements. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization, resources and reserves, exploration and development plans and results, anticipated capital expenditures and financing thereof, anticipated outcomes and timing of regulatory applications and approvals and the future plans and objectives of Birch Mountain are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Certain amounts in the financial statements are based on estimates using the best currently available information and assumptions of management. Important factors that could cause actual results to differ materially from Birch Mountain's expectations are disclosed elsewhere in documents that are available to the public at www.sedar.com and www.sec.gov.
SOURCE Birch Mountain Resources Ltd.