Trend Technology and Americas Energy Company Has Begun Mining Operations on the Upland Church Project
Trend Technology Corporation and Americas Energy Company (AECo) announced today that AECo has begun mining the Upland Church Project in Cardinal, Kentucky. Contract miner Clear Development LLC has started extracting the high quality Hance coal seam resulting in approximately 12,000 short tons via surface mining and an additional 3,000 to 4,000 short tons utilizing auger mining.
“We plan to deliver our first coal production to a major southeastern Kentucky coal broker the last week of October. That production is anticipated to result in gross revenues exceeding $900,000 per month through 2012. We have officially put our business plan to work. All of our expectations have been met or exceeded. We assembled a first class group of partners to assist us in building on the foundations our team has put in place over the last three years,” said Chris Headrick, President and Co-CEO of Americas Energy Company.
