The Elko Project is a strategic investment owne by PAH's 100% owned Canadian entity. The Project contains a 303.1 million tonnes, JORC Code (2012), resource and is located in the East Kootenays of British Columbia, Canada. The Elko Leases with a combined area of 3,571 Hectares.
The project is at a pre-concept level stage, with independent engineering studies indicating a low-capital cost entry into mining operations. Elko would leverage existing infrastructure in close proximity to the project as the start of a reliable logistics network into a South East Asian customer base that has a growing demand for this limited resource.
Elko is positioned within 20km to rail infrastructure, and is situated at the southern end of the East Kootenay Basin. This unique position makes it the closest project in the East Kootenay Basin to the ports of Vancouver with approximately a $2/t rail cost advantage over projects located at the northern end of the East Kootenay Basin
Highly desirable Product - The Elko project can produce a range of products suitable as raw materials for South East Asian Steel Producers.
Strategic Location - Elko is strategically located in close proximity to key infrastructure such as towns, roads and water supply.
Low Capital Intensity - The resource outcrops at surface, PAC Canada is seeking to leverage direct access to a marketable product leading to direct cash flow.
Comparable Cash Cost - Investigating a range of mining method, Independent analysis indicates the cash cost of operations are Elko will be in line with other projects and producers in the area.
Strong Relationship with First Nations - The team at PAC Canada initiated early engagement with First Nation groups and has contracted First Nations to conduct project related environmental work.
Highly Experienced and Dedicated Team - PAC Canada brings together a team of experienced coal industry experts to advance the Elko Project.