Ram River Coal Corp.
Ram River Coal Corp. is a private Canadian company holding a 100% interest in the Ram River property, that contains two well-defined metallurgical coal deposits located in Alberta, Canada. The Ram River property contains an NI 43-101 in-place coal resource estimate of 413 Mt Measured and Indicated.
A Pre-Feasibility Study (PFS) was recently completed on its flagship project, the Aries Project, that contains 215Mt of the estimated 413 Mt Measured and Indicated resource identified with the Ram River property. The PFS revealed robust economics that include an NPV of $843 Million USD (discounted at 8%), an IRR of ~24%, and cashflows of $3.6 Billion USD (post tax).