Colonial Coal (CAD) - Sales Process Started as Met Coal Prices Excite
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Show Notes
Interview with David Austin, President & CEO of Colonial Coal (TSX-V: CAD)
Based in Vancouver, British Columbia, Colonial Coal International Corp. (CCIC) is a publicly traded pure-play metallurgical coal development company. Currently, CCIC holds a 100% interest in two resource-stage coal properties in the Peace River Coalfield of northeastern British Columbia, Canada: namely, the Huguenot and Flatbed properties. NI 43-101 compliant resources totalling approximately 189 million tonnes of combined Measured & Indicated resources plus 194 million tonnes of Inferred resources of hard coking coal have been estimated for main deposit at Huguenot. NI 43-101 compliant resources totalling approximately 298 million tonnes of Inferred metallurgical coal resources have been delineated at Flatbed.