Thursday 1 August 2013

Junior Mining Network - EastCoal Inc.: Operations Update

Junior Mining Network - EastCoal Inc.: Operations Update:

"EastCoal Inc. ("EastCoal" or the "Company") (TSX VENTURE:ECX)(AIM:ECX) is pleased to announce that production has commenced at the Company's Verticalnaya North Project ("VNP") in the Ukraine.

Commencement of production was three weeks later than scheduled due to a delay in obtaining certain regulatory approvals. However, approval to commence production has now been obtained and output is currently ramping up to the budgeted 11,000 tonnes a month rate which, is currently expected to be achieved by October, 2013. The approval of the Mine Development Plan is expected shortly.

The initial projected production rate of 4,000 tonnes a month is expected to be achieved within the next month using simple mining techniques and the coal produced will be toll treated at a wash plant adjacent to the mine."

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