WEST HAWK DEV CORP Kohle-Explorer
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Luan Coal Mine Group Signed Contract with West Hawk
(SinoCast China Business Daily News Via Thomson Dialog NewsEdge) CHANGZHI, September 20, SinoCast -- Shanxi Lu'an Coal Mine Group Co., Ltd., a domestic production base of raw material coal for chemical industry, inked an USD 1.3 billion contract with a Canadian company West Hawk Development Corporation.
The Chinese company planed the strategic projects of coal chemicals and natural gas in cooperation with the world-known coal chemical industry company, in order to rapidly boost the core competitiveness of its new energy sources and coal chemical businesses via making use of West Hawk's advanced coal conversion technology.
Headquartered in the northern Chinese city of Changzhi, Lu'an Coal Mine Group expected to achieve business transformation in recent years. Presently, the company is committing itself to transforming coal to electricity, coke, and fuel oil, said people close to the situation.
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schau auch hier
http://www.tradingmarkets.com/.site/news/Stock%20News/627209/
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http://www.westhawkdevelopment.com/newsrelease/20/101/
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West Hawk Reviews Its Canadian Coal Prospects for Gasification Potential
DENVER, COLORADO--(Marketwire - Nov. 6, 2007) - West Hawk Development Corp. (TSX VENTURE:WHD)(FRANKFURT:H5N) is pleased to announce that NI 43-101 Technical Reports for the Company's coal properties in BC (Groundhog), NWT (Tulita), and the Nunavut were completed and filed on SEDAR earlier this year. All three NI 43-101 Technical Reports can be reviewed in their entirety on www.sedar.com and on the Company's website www.westhawkdevelopment.com.
All three NI 43-101 Technical Reports were prepared by Weir International, Inc. ("WEIR"). Tom A. Tveten, Chief Geologist of WEIR is an Independent Qualified Person (the "Qualified Person") as defined in NI 43-101 Standards of Disclosure for Mineral Projects for all 3 projects and is the author behind all 3 reports.
"West Hawk is now ready to get on about its business of developing its clean coal gasification properties," said Dr. Wm. Mark Hart, President and CEO. Exploration activities in the Canadian Arctic by other mining companies have increased significantly, as well as demand for power and liquid fuels. "This is a great opportunity for the Company to establish a gasification plant or a CTL facility that does not rely on the completion of the MacKenzie Valley Pipeline," adds Dr. Hart. "Therefore we are optimistic and will continue working towards verifying the resources and investigate the feasibility of these plants."
About Tulita (North West Territories)
The Company purchased a 100% interest in six exploration licenses for 229,150 acres relative to the Tulita Prospect on March 11, 2006. The Tulita Report reveals that the Tulita Prospect contains approximately 1.544 billion in-place tonnes of historical resources and 140 to 175 million tonnes of exploration potential. The coal quality belongs to lignite coal. The coal samples have been successfully tested by Sasol-Lurgi for gasification. The Tulita Prospect lies within the Fort Norman Coalfield and is located approximately one and one-half miles east and approximately 35 miles south of the community of Tulita in the Northwest Territories. There are three prospect areas within the exploration licenses, referenced as Fort Norman, Seagull Island and Tate Lake. The Tate Lake Prospect Area is divided into three blocks; Northeast, Central and Plateau. The Seagull Island Prospect Area is divided into the North and South Blocks. The majority of the coal samples sent and tested by Sasol-Lurgi was taken from the Tate Lake Prospect area.
Ellesmere Island (Nunavut)
The Company acquired 100% of the right, title and interest in seven coal exploration licenses for areas located southeast of Eureka, Nunavut Territory. The licenses contain a total of 99,518.26 hectares (245,915 acres). Based on the Company's exploration licenses encompassing approximately 55 percent of Gulf's exploration licenses, the Nunavut Report reveals that the Nunavut Prospect contains a potential exploration target of approximately 3.025 to 3.162 billion in-place tonnes. Gulf Canada Resources Inc. ("Gulf") estimated a potential exploration target of 5.5 to 5.75 billion in-place tonnes in their exploration licenses.
The Nunavut Prospect is located approximately 410 kilometers north of Resolute, Nunavut Territory. Eureka, the nearest community is located along Slidre Fiord, eight kilometers northwest of the coal prospect. The Nunavut Prospect consists of two properties, the North Fosheim Peninsula Property located on the east side of Eureka Sound on Ellesmere Island and the May Point Property located on the west side of Eureka Sound on Axel Heiberg Island.
Groundhog (British Columbia)
West Hawk has an option to acquire a 100% interest of the Groundhog Coal Property and holds coal exploration licenses for 8,887 hectares in British Columbia, Canada. The coal quality ranges from low volatile bituminous to anthracite coals. The potential exploration target estimate within West Hawk's coal exploration licenses is 275-300 million in-place tonnes. The project area for the Groundhog Coal Property lies within the Groundhog Coalfield and is located approximately 180 kilometers north of the town of Hazelton and 50 kilometers south of Iskut in British Columbia, Canada.
Exploration Potential Target Summary
A qualified person has not performed sufficient work to classify the historical estimates as current mineral resources or mineral reserves and West Hawk is not representing the historical estimates as current mineral resources or mineral reserves. All figures presented are historical resources.
Potential Within Explor- Area West ation Within Hawk Target West Coal Estimates Hawk Licenses Mineral- Reporting In-Place Coal In-Place Exploration izationProperty Company Tonnage Licenses Tonnage Potential (Quality)-------------------------------------------------- (million (million (million tonnes) % tonnes) tonnes)--------------------------------------------------Groundhog Groundhog 210-230 50 105-115 bituminous Coal to anthra- cite
Gulf 490-520 35 170-185 bituminous to anthra- cite
Total 700-750 275-300
Nunavut Gulf 5,500- 55 3,025- Lignite-sub- 5,750 3,162 bituminous
NWT 1,544 140-175 Lignite--------------------------------------------------
Currently, all exploration potential is conceptual in nature including quantity and grade. Insufficient exploration work has been done on the properties and all estimates are historical. It is uncertain if further exploration will result in discovery of a mineral resource.
About the Company: West Hawk Development Corp. is focused on providing valuable, high-demand energy products primarily for coal gasification from a variety of sources. Assets include the western Colorado natural gas property located in the Piceance Basin, being developed under a drilling and development agreement; the Tulita coal property in the Northwest Territories; the Groundhog coal property located in northwest British Columbia; and the Ellesmere Nunavut Territory coal property.
On behalf of the Board of Directors,
Dr. Wm. Mark Hart, President and Chief Executive Officer
Cautionary Note: This report contains forward looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specially noted, are considered speculative. The Company has filed a National Instrument 51-101 Report on the Figure Four property. The Company has filed National Instrument 43-101 Reports for the Tulita coal property in the Northwest Territories, the Nunavut Coal property and the Groundhog Coal property. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risks and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
The TSX Venture Exchange has not yet reviewed and does not take responsibility for the adequacy or accuracy of the content of this news release.
For more information, please contact
West Hawk Development Corp.
Dr. Wm. Mark Hart
President and Chief Executive Officer
(303) 357-4720
(303) 357-4726 (FAX)
Email: info@westhawkdevelopment.com
Website: www.westhawkdevelopment.com
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June 05, 2008 – Denver, Colorado, USA: West Hawk Development Corp. (TSXV - WHD; Frankfurt: H5N) (“West Hawk” or the “Company”) is pleased to announce that West Hawk has accepted an invitation by Lu’An Mining Group (“Lu’An”) to participate in developing its Xinjiang Coal Mine and Coal-to-Liquid projects. Lu’An has secured a coal reserve area consisting of 236 km2 with geological reserves of more than 7 billion metric tons in Zhundong Coalfield in Qitai County, Xinjiang Autonomous Region, China. The proposed Xinjiang coal Mine and Coal-to-Liquid industrial complex will include an 8 to 10 million metric ton coalmine and a 2 million metric ton CTL plant. West Hawk is currently negotiating with Lu’an to take an equity position on the Xinjiang Coal Project.
It has been agreed by the board directors of both West Hawk and Lu’An Group that using Sasol-Lurgi’s proven coal gasification and CTL technology can significantly speed up the development process of the proposed Xinjiang CTL project. A delegation consisting of senior executives of both West Hawk and Lu’An will visit Lurgi GmbH in Germany and Sasol Ltd. in late June 2008 to discuss the terms and conditions of the technology transfer for Lu’An’s Xinjiang CTL project. In addition a technology transfer to allow West Hawk’s potential coal gasification/CTL projects in Canada with Sasol-Lurgi, and Lu’An will be included in the discussions.
Tulita Coal Gasification Project
A Letter of Intent was signed between West Hawk and Lu’An to jointly develop the Tulita coal gasification project in 2007. Based on the 43-101 report prepared by WEIR International, Inc. in 2007, the Tulita coal property in Northwest Territories, Canada has approximately 1.5 billion in-place metric tons of historical coal resources. The coal quality belongs to lignite/sub-bituminous coal ranks. The NWT coal samples have been tested by Sasol-Lurgi for gasification. The test results confirm the suitability of the NWT coal for gasification.
“China is now the world 2nd largest energy producer and consumer. Among the proven fossil energy reserves in China, coal accounts for 93%, while oil and natural gas together only account for 7%. However, oil and natural gas accounts for more than 24% of China’s Primary Energy Consumption. To build a stable, economical, clean and safe energy supply system, to support its sustained economic and social development, China is targeting coal gasification to replace oil and natural gas resources with coal in developing its chemical, utility and transportation industries. Lu’An Group is one of three major players in China to develop large scale Coal-to-Liquid projects. West Hawk is very pleased to have this opportunity to participate in developing Lu’An’s Xinjiang Coal Mine and CTL Projects,” said Dr. Jinsheng Chen, President and CEO of Asia Operations for West Hawk.
On behalf of the Board of Directors,
“Dr. Wm. Mark Hart”
http://www.westhawkdevelopment.com/news/newsrelease/2008/261/
http://www.ariva.de/SCT_Media_Ltd_n2652301?secu=778982
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