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Minerals
Inc.
(TSX-
CQ: TSX.V
2011
is a well financed
resource company located in Vancouver, Canada, engaged in the acquisition and development of resource properties. The Company's principal mandate is to acquire properties that have the potential to become profitable near term producers. Cooper Minerals is aggressively e n g a g e d i n t h e acquisition and development of resource properties in the State of Azad Jammu and Kashmir (AJK) in Pakistan. Pakistan is encouraging the use of coal due to its lack of oil and gas reserves and the relative abundance of higher quality coal in AJK. There are vast local markets to supply fuel for the concrete industry and the production of electricity. Coal mining contributes to the local economy and lessens the demand to import foreign oil.
Cooper Minerals Inc. has acquired two mining leases, AD262-65 (1792 acres) and AD1238-86 (257 acres) and has applied for 200 square kilometres exploration licence in the Kotli Coal district in Azad Jammu and Kashmir, Pakistan. Test shipments of coal from Coopers Mining leases have been sold to a local cement plant owned by the Fauji Cement Company. The Fauji Cement Company used 1,128,258 MT of coal in its cement operations in 2010. This is just one of the potential coal customers in the area.
Shares Issued 70,159,220 Fully Diluted 94,619,220 52 week high 0.395 52 week low 0.14
The coal reserves in Pakistan are estimated at over 183 billion tonnes. However, the measured or drill-proven reserves are estimated at 579 million tonnes. In Pakistan, nearly 80% of coal mines are being operated by small mine owners. Average annual coal production is 4.5 million tonnes, out of which more than 90% is consumed in the brick and cement industry. There is huge potential for growth and consolidation in the industry. World Coal Consumption World coal consumption is projected to increase to 7.6 billion tonnes in 2020. Coal use in developing countries of Asia alone is projected to increase by 2.4 billion tonnes. China is projected to add an estimated 180 gigawatts of new coal fired power generating capacity (600 plants of 300 megawatts each) by 2020 and India approximately 50 gigawatts (167 plants of 300 megawatts each)
MANAGEMENT Simon Tam, President and Director Mike Magrum P.Eng., Director Craig Walker, Director David H. Rankin MBA CFI, Director
CQ: TSX.V
Cooper Minerals Inc. 595 Howe St., Suite 306 Vancouver, BC Canada V6C 2T5 Phone: 604.871.9930 Fax: 604.871.9926 Email: info@cooperminerals.com
This document contains forward-looking information, including statements relating to the expectations, intentions or plans of the Company. Such information involves known and unknown risks, uncertainties and other factors -- including availability of funds, the results of financing and exploration activities, the interpretation of drilling results and other geological data, project cost overruns or unanticipated costs and expenses and other risks identified by the Company in its public securities filings -- that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. This document is not and does not constitute an Offering Memorandum under securities laws.