First Coal closer to coal extraction in Chetwynd

First Coal’s application to amend its exploration permit has been approved by B.C.’s Chief Inspector of Mines.

That means the corporation can extract a bulk sample of up to 50,000 tonnes of coal from its Central South property near Chetwynd. Extraction should begin in the upcoming months.

The Bulk Sample Amendment is an important step toward enabling First Coal to develop coal resources and create new jobs in the region.

Once that is completed, First Coal is planning to submit a Small Mine Permit application to the BC Government. This will allow it to commence production in late 2010 at an annualized rate of 245,000 tonnes of clean coal.

In June, First Coal signed a memorandum of understanding with the Halfway River Nations. The agreement was signed because First Coal’s properties fall within Treaty 8 territory. The company has also signed a memorandum of understanding with the McLeod Lake Indian Band. It is continuing to build relationships with the Saulteau and West Moberly First Nations.

First Coal Corporation is a private, Vancouver-based mining company exploring and developing coal resources in British Columbia. First Coal has more than 90,000 hectares under tenure licence, or under application for licence, in the Peace River Coalfield near Chetwynd.

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