Historical Land Sale Listing - 31,000 Acre DEEDED HIGH GRADE COAL MINE

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31,000 Acre DEEDED HIGH GRADE COAL MINE

Near TN St Hwy 25W & Jctn TN St Hwy 63, La Follette, TN 37766

N/A

31,000 AC | Land

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Offering Inside Area Outlined in Red

Land - Off Market

Price:
N/A
Lot Size:
31,000 AC
Property Type:
Land
Property Sub-type:
Industrial (land)
APN / Parcel ID:
009-009-015.00M-002
Zoning Description:
Mining (see attached
documents)
Listing ID
16366253
Last Updated
over 1 year ago

Utilities

  • Electricity/Power
  • Irrigation
  • Water
  • Telephone
  • Cable
  • Gas/Propane

Highlights

  • Exceptional High Grade DEEDED COAL RESERVES - NO ROYALTIES!
  • This Coal does NOT need processing, crushing, or washing which greatly lowers production cost
  • Seven Idenditified HUGE SEAMS of High Grad Coal with more likely from further drilling of proving core holes
  • Transportation of Coal readily available by truck, rail, or barge
  • New Top Dollar Contracts for Sale or Delivery of Coal readily available
  • Easily Increase Current Monthly Coal Production from 8000 Tons to 50,000 Tons

Description

EXCEPTIONAL 31,000 ACRE HIGH GRADE COAL & COAL MINING OPPERATION includes 31,000 acres of high grade caliber DEEDED Coal Reserves on which there are NO ROYALTY PAYMENTS!
The current permits, pending permits for underground production, coal purchase contracts, and the entire mining operation which is producing over 8,000 tons per month and can easily be increased to over 50,000 tons per month.

Coal produced from the identified reserves is rare and exceptional as it does not need processing, crushing, or washing for marketability of top grade coal, which greatly reduces overhead expenses.
This Coal stands at 14.4 BTU, Sulfur.77, and Ash 4.5.

Currently there are 7 total known and identified HUGE seams. With additional drilling of proving core holes, discovery of additional underground seams is very likely.

Coal is currently trading and/or contracted for delivery, depending on quality, at a minimum of $145.00 per ton and up to $240.00 per ton. New and/or additional contracts are readily available.

Located in District Four of Campbell Cunty, TN and more particularly described as follows, to wit:
Beginning at the common corner of said Point of Beginning having Tennessee State Plane Coordinates of 74B,405 North and 2,532,629 East

Map of Near TN St Hwy 25W & Jctn TN St Hwy 63, La Follette, TN 37766 (Campbell County)

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