This Land Property is Off-Market.

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

31,000 AC · Land For Sale

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31,000 Acre DEEDED HIGH GRADE COAL MINE

Price N/A Property Use Type Vacant/Owner-User
Lot Size 31,000 AC APN / Parcel ID 009-009-015.00M-002
Property Type Land Zoning Description Mining (see attached documents)
Property Sub-type Industrial (land) Features
  • Electricity/Power
  • Irrigation
  • Water
  • Telephone
  • Cable
  • Gas/Propane
Listing ID: 16366253 Date Created: 08/21/2009 Last Updated: 12/09/2009

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

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

Utilities

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

Research

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

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