Thelon Capital Ltd. Engages Top Appalachian Engineering Firm
18 Novembre 2010 - 4:43PM
Marketwired
Thelon Capital Ltd. (TSX VENTURE: THC)(FRANKFURT: TFHC) is pleased
to announce that it has employed the services of INNOVATIVE
RECLAMATION TECHNOLOGIES & ENGINEERING CO., INC. (IRTEC) to
perform and direct the exploration and reserve analysis for the
JELLICO COAL PROJECT. The firm is owned and operated by Timothy K.
Sloan, PE, PLS.
IRTEC is the foremost engineering firm in the region and Mr.
Sloan has an extensive knowledge of past mining in the Appalachian
district as well as working for all the current major coal clients
in the area. By employing the services of Mr. Sloan's organization,
Thelon will dramatically speed up the exploration and development
process as well as reduce the costs of the project. IRTEC is
compiling the known data and continuing the permitting and mine
plan. This information is being gathered simultaneously with the
ongoing exploration. Mr. Sloan will prepare the 43-101 report for
the JELLICO COAL PROJECT. Thelon is indeed very pleased to be
working with Mr. Sloan and his very talented Team.
Thelon President Jason Walsh comments, "We are very excited to
have the opportunity to work with Mr. Sloan and IRTEC on furthering
our goals of Coal production in the Appalachians. He brings
extensive knowledge of permitting, advanced reclamation processes
and development in the US Coal industry. We look forward to working
with him and his team as we continue to advance the Jellico Coal
Project."
THELON CAPITAL LTD.
On behalf of the Board of Directors
Jason Walsh, President
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this News
Release.
Contacts: Thelon Capital Ltd. Jason Walsh President (604)
682-1643 (604) 682-1666 (FAX) www.theloncapital.com
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