Corsa Coal Corp. is a junior natural resource mining corporation specialized in providing quality metallurgical coal to support the steel industry across the world. Corsa Coal is a public corporation listed on the Toronto Venture Stock Exchange, with its common shares trading under the ticker symbol CSO. The coal miner also lists and trades its common stock on the OTCQX market under the stock symbol CRSXF.
The Pennsylvanian-based company is involved in underground and surface coal mining to process and market metallurgical coal to national and international steel and coke production businesses. Corsa holds and manages four operating mines that produce low volatile metallurgical coal:
The Casselman Mine is an active underground mine situated at a distance of two miles in southern Grantsville, Maryland. It is also the flagship of the company since 2011. It consists of metallurgical coal with access to the Upper Freeport Coal seam.
The Horning Mine is a coal-producing mine situated near Somerset, Pennsylvania. The company started developing the mine in 2018 and finally, in 2019, the production was started onsite. The company is estimated to produce nearly 150,000 to 180,000 tons of metallurgical coal annually.
The Acosta Mine started its production operations in June 2017 with access to the Lower Freeport. It is expected to produce metallurgical coal ranging from 380,000 to 420,000 tons per annum.
Schrock Run and Extension Mine are two active surface mines in Berlin. It has access to Upper Kittanning and Lower Freeport. Both the mines are operated at full capacity with an estimated production ranging between 160,000 to 180,000 tons of metallurgical coal annually.
In addition, the company has three processing facilities with refuse disposal and loadout sites and a processing capacity of approximately four million clean tons of quality metallurgical coal annually. The preparation plants include:
The company is also working on obtaining permits and other pre-production development programs for two future growth projects:
• Keyser Mine in Boswell, Pennsylvania
• North Mine in Grantsville, Maryland
The company is focused on expanding its production capabilities and selling quality metallurgical coal to global players in the steel manufacturing and coke businesses.