Sounds like a great start.
I like the concept.
Model Railroad names fascinate me. There are so many creative folks in the hobby.
One of my favorites is Lackamoney & Dedbroke. That was an outdoor 7-1/2" gauge line powered by a homemade "diesel" (Briggs & Stratton) with 2X4 ties.
My layout is the Henderson Bay Railway & Transportation Company. Not particularly creative, but Henderson Bay is named in honor of the late John Henderson, a great railfan, contributor to several magazines (mostly ones devoted to industrial railroads and shortlines) and a close friend.
There is a whole back story to the layout, which someday I will write up and publish.
Just a quick update today. After much thought, I want a back and forth operation as well as a continuous loop. So, in honor of one of my favorite model railroaders, John Allen, I will make my layout (modified for dimensions and with other spur operations) very similar to the original Gorre and Daphetid layout he made.
A final layout plan will be posted as soon as I am finished with the design!
I've been gone awhile mulling over how to properly make this layout, and I can now say I think I have a great design finished! It won't be a continuous loop or a straight line, but more an incline switch to the mine, which I'll be posting my final drawing in a few hours once I finish it up