It was just announced that Kameron Coal is preparing to reopen Nova Scotia's Donkin Coal Mine.
Almost nobody is aware of this but... Morien Resources (TSXV: MOX) owns a 2%-4% gross production royalty covering Kameron Coal's Donkin Coal Mine. MOX's Donkin royalty is about to become EXTREMELY valuable!
The Donkin Mine contains a massive indicated coal resource of 227 million tonnes plus an additional inferred coal resource of 254 million tonnes. The probable mineable coal reserve alone is 58 million tonnes!
The Donkin Mine is fully permitted to produce 3 million tonnes annually with a mine life of 30+ years! Donkin has been fully developed with all of its above ground infrastructure already constructed!
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