11:48 AM EST - Corsa Capital Ltd. : announced today it has received TSX-V approval for the option agreement, as announced December 21, 2009, with Sherpa Mining Contractors, Inc. on the "Miller-Walker Property" Coal Lease in Somerset County, Pennsylvania. The option with Sherpa is for Corsa to acquire certain mining rights to the 105 acre Miller-Walker Property, a metallurgical coal lease in Somerset County. Based on site-specific testing and mapping work conducted on the Property, Miller-Walker hosts three distinct coal seams containing 299,293 recoverable tons of "low-volatile bituminous coal" in an "Indicated Resource" category as defined by National Instrument 43-101. The grade or quality of these seams, after typical local beneficiation, is primarily suitable as a coking coal. Corsa Capital Ltd.
shares V.CSO are trading even at $0.50.
