US COAL CORPORATION’S MANAGEMENT TEAM:
US Coal Corporation’s management team has almost 100 years of combined industry experience. Their experience encompasses all aspects of the mining industry, including property management, planning and engineering, mining, processing, marketing, transporting and finance.
EXPERIENCED MANAGEMENT
John Collins
CEO, President, LRR
18 years experience in Central Appalachia. Founder of Oak Hill Coal and Co-founder of Licking River Resources
Mike Windisch
CFO
9 years experience in finance and energy as Chief Financial Officer of NGAS. Diverse background in public accounting and finance.
John Whitt
President, SM&J
35 years experience in Central Appalachia. Founder of SM&J and Co-founder of Licking River Resources
Malcolm Thomas
President JAD
33 years of industry experience in Central Appalachia, Illinois Basin, Powder River Basin and other Western Coal Regions
MINING LOCATIONS AND OPERATIONS:
Central Appalachia has long been known for its bountiful coal deposits. US Coal Corporation currently controls the mining rights to more than 80,000 acres of property located in eastern Kentucky. Studies of these areas provide evidence of approximately 80,000,000 tons of coal reserves/resources. US Coal currently operates four surface mines, two contract underground mines, a Highwall Miner and two coal preparation facilities. A second Highwall Miner was deployed in the fall of 2010. Production is projected to approach 300,000 tons per month by the second quarter of 2011.
TRANSPORTATION:
US Coal owns and operates a CSX unit-train rail loading facility and an NS single car rail loading facility. Additionally, US Coal leases space at a barge loading facility on the Big Sandy River. With access to both rail and barge transportation, US Coal has a target customer base that includes most utilities located in the eastern U.S.
ACQUISITION TRACK RECORD:
Licking River Resources was acquired in January 2007 and JAD Coal Company was acquired in April 2008.