Letter to the editor: China Coal and Mei Feng

In the article “China Coal aims to become a mid-tier producer,” (T.N.M., May 30 – June 5/11), statements were made in respect of China Coal and its intended acquisition of the operating interest in the Mei Feng coal mine.

The statements indicated that it is likely that there is more coal at the property and in the adjacent coal-bearing region than indicated in the filed technical report for the project completed in accordance with National Instrument 43-101 standards.

NI 43-101 governs disclosure made about mineral projects, and among other things, specifies that any disclosure of scientific and technical information must be based on information prepared by, or under the supervision of, a qualified person. Such requirement is designed to provide consistency and integrity in disclosure for investors.

Any statement or inference that there is likely more coal at the Mei Feng property than indicated in the NI 43-101 technical report was not based on information prepared by or under the supervision of a qualified person, and for this reason China Coal fully retracts such statements.