Colonial Coal International Corp. {TSX.V: CAD} has started its 2017 field program on its Flatbed coal property located in northeastern British Columbia.
Crews are currently on site for the construction and preparation of drill sites, with the first of two drill rigs currently planned to mobilise shortly.
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Colonial Coal begins field program at Flatbed
2017-07-18 14:05 ET – News Release
Mr. David Austin reports
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Colonial Coal International Corp. {TSX.V: CAD} has started its 2017 field program on its Flatbed coal property located in northeastern British Columbia. Crews are currently on site for the construction and preparation of drill sites, with the first of two drill rigs currently planned to mobilize shortly.
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The field program is expected to comprise approximately 3,600 metres of core drilling, with associated downhole geophysical logging, geological core descriptions, coal sampling and testing, plus geotechnical core logging and coal seam roof-and-floor sampling and testing.
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The drilling will test for the presence of potentially underground minable coal seams within the Gates formation. This formation is known to host surface minable coking coal seams at the nearby Trend mine (Peace River Coal) and proposed Window open pit (Teck Corp.), which are located immediately southwest and northwest of the Flatbed project, respectively. Geological mapping will also be undertaken within portions of the project area.
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About Colonial Coal International Corp.
Colonial Coal is focused primarily on coking coal projects. The northeast coal block of British Columbia, within which the corporation’s projects are located, hosts a number of proven deposits and has been the subject of merger and acquisition activities by Xstrata, Walter Energy, Anglo-American and others.
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