Colonial Coal International Corp.

Colonial Coal International Corp.

Company Data | Introduction | Projects in Hand | Management
News Update | Chinese

Address ：	Suite 200, 595 Howe Street Vancouver, B.C. Canada V6C 2T5
Tel No.：	604-568-4962
Web Site：	www.ccoal.ca
E-mail：	saustin@ccoal.ca
Contact Person：	Shane Austin
Position：	Investor Relations

Company Data

Traded Market：	TSX-V
Traded Symbol：	CAD
Outstanding Shares：	~178.5 million
52 Week High：	$ 2.57
52 Week Low：	$ 1.22
Present Price：	Click Here

Introduction

Western Canada's leading coking coal developer

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.

Investment Highlights

Unparalleled Investment Opportunity

Well-positioned to support projected global steel growth

Global demand for coking coal continues to increase. Port and end-user coal inventories remain close to historically low levels, supporting the outlook for steelmaking coal demand.
Sourcing additional high-quality coking coal from northeast British Columbia provides opportunities for diversification of existing supply and transportation options.
Coal from Colonial Coal's projects into the East-Asian market has cost and logistic advantages.

Gain exposure to one of the most active coal belts in a mining friendly jurisdiction with excellent infrastructure in place

Recent M&A and JV activity by Walter Energy, Anglo American (PRC), Glencore (via Xstrata), JX Nippon, Conuma in northeast BC, and Bathurst in southeast BC
Capacity expanded at western Canadian coal ports

Strategically located, 100% owned metallurgical coal properties adjacent to other major projects provide logical buyer and partnership opportunities

Huguenot is located between Anglo's Belcourt and Saxon projects
Flatbed borders Anglo's Trend mine (currently under care and maintenance) and the proposed Window open-pit mine (initially Teck, now Conuma) and lies close to Conuma's proposed Hermann open-pit mine and HD Mining's advanced Murray River underground project.

Invest in two of the largest deposits of premium quality hard coking coal in western Canada

The only Canadian listed, publicly-traded, pure-play metallurgical coal company in western Canada: 100% interest in 2 resource-stage coal projects (Huguenot & Flatbed) in the Peace River Coalfield of northeastern British Columbia
Surface and underground mineable resources totalling approximately 277.7 Mt of Measured & Indicated plus 119.2 Mt of Inferred resources at Huguenot
Underground mineable resources totaling approximately 298 Mt Inferred at the Gordon Creek Project on the Flatbed property.

Highly experienced management team with a proven track record in the Peace River Coalfield

Highly capable management team with significant experience advancing other development projects to production in the region
David Austin (President, CEO & Chairman) co-founded and built Western Coal Corp., sold to Walter Energy in 2010 for CAD$3.3 billion, and is credited for the exploration, development and sale of Northern Energy & Mining Inc. (NEMI) to Anglo for +CAD$400 million.

Projects in Hand

(1) Huguenot Coking Coal Project, Northeastern British Columbia

The Huguenot Coal Project, located within the Peace River Coalfield of N.E. British Columbia, is 100%-owned by Colonial Coal. It is situated approximately 115 road-km from the Quintette load-out, covers an area of 9,531 ha, and forms one contiguous block of 17 coal licenses that encompass previously explored deposits.

In-place resources total 397 million tonnes (Mt) of premium hard, coking coal. Preliminary economic assessment (PEA) reports have demonstrated both open-pit and underground mining potential, with production averaging 2.7 Mt/y for 27 years and 1.9 Mt/y for 28 years, respectively. Mined concurrently, the Project would provide an average of 4.6 Mt per year, making Huguenot one of the most substantial coal resources in the region.

Situated adjacent to the proposed Belcourt South open pit (owned by PRC/Anglo)
Trucking distance of ~111 road-km – also accessible by ~85 km rail spur (or combination rail and overland conveyor) – to link with the existing rail line
Amenable to surface and underground mining
1.5% royalty FOB port
Gates Formation coal seams: the same as past and current producers in the Tumbler Ridge area
2018 PEA contemplates an 85 km, 3rd party built rail spur that would be available for use by other potential producers in the region (less if an overland conveyor is used) to connect the project to the main rail line.
2020 PEA contemplates trucking to the existing rail line via upgraded off-highway roads (~75 km) and existing paved highway (~36 km).

(2) Flatbed Coking Coal Project, Northeastern British Columbia

The Flatbed Coal Property, located within the Peace River Coalfield of N.E. British Columbia, is 100%-owned by Colonial Coal. It is situated between 8 to 10 road-km from the PRC and Quintette loadouts, lies adjacent to Anglo American's Trend Mine and Conuma's (previously Teck's) proposed Window pit, and consists of eight coal licenses that cover an area of 9,607 ha. Work has concentrated on the northwestern coal licenses, within an area referred to as the Gordon Creek deposit. In-place resources from 7 coal seams total 298 Mt. A 2018 PEA study demonstrated the potential for a 30-year underground coal mine averaging approximately 1.9 Mt/year of premium to near-premium, hard coking coal; the two lower seams are currently viewed as premium PCI coal.

Project Summary

Proximal to supportive infrastructure such as existing rail, power, highways, and the town of Tumbler Ridge.
Located near currently and recently producing coal mines (with rail loadouts and wash plants) plus several other very advanced, permitted, coal projects.
Amenable to underground mining.
1.5% royalty FOB port.
Gates Formation coal seams: the same as past and current producers in the Tumbler Ridge area.
Hard Coking Coal (HCC) – Seams B to G plus Premium Pulverized Coal Injection (PCI) Coal – Seams J and K.

Joint Development Potential

Sharing in the development of joint infrastructure (roads / rail) with other operators and potential operators in the region would lower initial capital costs at Huguenot and Flatbed.

Huguenot is adjacent to the Belcourt Project (Anglo) with the Duke Mountain (Teck) and Wapiti (Canadian Dehua) properties located nearby and along the proposed transportation route.
Development / operating costs would be distributed across all operators in the region for greater scale and lower per tonne cost.
While rail is the preferred mode of transportation in the region, trucking coal is viable although more expensive on a per tonne basis.

Management

Management and Directors

David Austin, President and Chief Executive Officer, Chairman

Co-founder of Colonial Coal Corp., Western Coal Corp. (WCC), and Northern Energy & Mining Inc. (NEMI)

One of the three founders credited for the success on the production of WCC projects (WCC was sold CAD$3.3 billion to Walter Energy in 2010)

Credited for the success on the exploration/development and sale of NEMI to Anglo (for +CAD$400mm)

Ke Feng (Andrea) Yuan, Chief Financial Officer

Chartered Professional Accountant (CPA) and Certified General Accountant (CGA) Canada

Certified Public Accountant (New Hampshire, USA)

Bachelor of Economics – Shanghai University of Finance & Economics

Over 10 years experience as CFO of junior public companies listed on the TSX-V, CSE, and with OTC companies

John Perry, Chief Operating Officer and Director

45 years as a professional geologist in exploration and development of coal & mineral projects (domestic and international)

Occupied senior corporate & exploration management roles for many coal projects in northeast British Columbia

Former Director of Exploration – Belcourt Saxon Coal Limited Partnership

Former Manager of Exploration – Northern Energy and Mining Inc. (NEMI)

Partha S. Bhattacharyya, Director

Director – Deepak Fertilizers and Petrochem. Corp. Ltd. & Haldia Petrochem. Ltd.

Ian Downie, Director

Professional negotiator with an established mediation and dispute resolution consulting company

Anthony Hammond, Director

Over 40 years of experience as Mining Engineer (including 18 years with Anglo American Corp.)

Founder, Chairman & Managing Director – Great Orme Mines & the Ancient Mining Research Foundation

Gregory A. Waller, Director

Retired in 2017 as Senior Vice President Investor Relations & Strategic Analysis – Teck Resources (the world's second largest, & North America's largest, steelmaking coal producer)

News Update

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