Keywords : Canada | Coal | Report | Ukraine |

Re: News Release - Monday, July 09, 2012
Title: EastCoal Inc. - Wash Plant Construction on Schedule

Vancouver, Canada - EastCoal Inc. (TSX-V: ECX) (the "Company" or "EastCoal") is pleased to announce that the construction of the new wash plant at the Menzhinsky Coal Mine in Ukraine ("Menzhinsky Mine") is proceeding on schedule with first coal expected to be processed in the current quarter. The foundations for the plant were completed in June and a team of engineers and technicians from Keats Engineering in the UK are on site and assembling the plant, which was built in the UK.

The plant is designed to process 400 tonnes of material an hour and is anticipated to produce 91,000 tonnes of saleable coal in 2012. It is expected to commence generating positive cash flows in the current quarter.

The Chairman of EastCoal, Mr. John Byrne, commented:

"We are very pleased with the progress of the Menzhinsky wash plant and the planned cash generated from this operation will assist in financing the Company's plans in the region."

The Company is filing the Amended Pre-Feasibility Study Report on the Verticalnaya Mine, Lugansk Oblast, Ukraine dated March 2011 as amended June 2012 on SEDAR at www.sedar.com.

By Order of the Board,

John Byrne
Chairman

About EastCoal Inc.

EastCoal Inc. is currently producing coking coal from its 100% owned Menzhinsky mine and developing its 100% owned Verticalnaya anthracite mine.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking information. These and all subsequent written and oral forward-looking information are based on estimates and opinions on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, EastCoal assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change. Completion of the transaction described herein will be subject to numerous conditions, including the negotiation and execution of definitive agreements. There can be no assurance that the transaction will be completed as proposed or at all.

For more information please contact:

Abraham Jonker, President or George Lawton, CFO
EastCoal Inc.
(604) 681-8069
(604) 685-4675 (FAX)
www.eastcoal.ca

New Shoshoni Ventures Ltd.

	DEVELOPMENT STAGE
	CODE : NSV.V
	ISIN : CA82535P1062

Follow and Invest

Add Alert	Add to Watchlists	Add to Portfolio	Add Note

Profile Market
Indicators VALUE :
Projects & res.Press
releases Annual
report RISK :
Asset profile Contact Cpy

New Shoshoni Ventures is a and uranium exploration company based in Canada.

New Shoshoni Ventures develops copper and gold in Canada, and holds various exploration projects in Canada.

Its main asset in development is DS PROJECT in Canada and its main exploration properties are SIBLEY BASIN, SUNRISE, KIRKLAND CREEK and LI-201 / LAC DE GRAS in Canada.

New Shoshoni Ventures is listed in Canada and in Germany. Its market capitalisation is CA$ 961 860 as of today (US$ 926 175, € 721 120).

Its stock quote reached its highest recent level on December 29, 2000 at CA$ 1.90, and its lowest recent point on May 08, 2012 at CA$ 0.01.

New Shoshoni Ventures has 32 062 000 shares outstanding.

Legends
	Production
	Mine development
	Discovery
	Exploration
	Past producer
On Google Earth, click on the button, to show property information, and access to project page or company page.