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Technical Report For Possible Starter Project At The Verticalnaya Coal Mine
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Technical Report For Possible Starter Project At The Verticalnaya
Coal Mine
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Vancouver, Canada - Lysander Minerals Corporation (TSXV: LYM) (the
"Company") is pleased to announce the filing of a technical report on
the pre feasibility study for the Verticalnaya North anthracite project
("VNP") in Ukraine.
If developed, VNP will be a small satellite
operation within the license area of the Verticalnaya mine which,
through subsidiaries, is owned 100% by the Company.
The Company expects
to integrate development of VNP with its development plans for the
Verticalnaya mine.
The report has been prepared for the Company by IMC Group Consulting
Ltd.
of the United Kingdom in conformity with National Instrument
43-101.
It can be accessed under the Companys documents on SEDAR
(www.sedar.com) and on the Companys web site at
www.lysanderminerals.com.
On behalf of the Board,
Bryce M.A.
Porter
President and CEO
About Lysander
Lysander is focused on energy.
In November 2009, it acquired the
Verticalnaya anthracite coal project in the Donbass Coal Basin of
Ukraine.
Lysander plans to initiate construction work in 2010.
It is currently
conducting pumping and care and maintenance operations including an
initial improvement program.
Situated in the Lugansk region of Ukraine, the Verticalnaya mine
previously produced anthracite, a high quality, premium priced coal.
It
was placed on care and maintenance after a period of low production
following the break-down of the Soviet Union.
Please visit our website at www.lysanderminerals.com for further
information.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended.
All statements, other than statements
of historical fact, included herein are forward-looking statements that
involve various risks and uncertainties.
There can be no assurance that
such statements will prove to be accurate, and actual results and
future events could differ materially from those anticipated in such
statements.
Important factors that could cause actual results to differ
materially from the Companys expectations are disclosed in the
Companys documents filed from time to time with the TSX Venture
Exchange, the British Columbia Securities Commission and the US
Securities and Exchange Commission.
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Copyright (c) 2010 LYSANDER MINERALS CORPORATION (LYM) All rights
reserved.
For more information visit our website at
http://www.lysanderminerals.com/ or send mailto:
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