Huguenot Property 2020 PEA Highlights
Company Overview: Colonial Coal
HUGUENOT PROPERTY
■ 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 up-
graded off-highway roads (~75 km) and existing paved highway
(~36 km)
Each PEA builds upon an original study prepared in 2013 and
updated in 2018, using then-current scoping level cost estimates
and economic analyses.
■The 2013 and 2018 mining studies were based upon a
combination of open pit and underground mining methods.
During the 2018 update, Stantec recognized an opportunity for
expansion of the open pit to higher stripping ratios, with
correspondingly higher recoverable tonnages of mineable coal,
which led to the 2020 examination of a stand-alone surface mining
option for a new PEA.
■ 2020 PEA contemplates a 78 km, 230 kilovolt power transmission
line.
TSX-V: CAD
Underground
Mine Area
Underground
Mine Shaft
С
1
2
www.ccoal.ca
10
Rail Line
All Weather Gravel Rd.
Upgraded FSR
≈ 75 km
Powerline
Holtslander
GIC
Ojay Main Rd
Sediment Pond
Plant Site
Pika Crk.
Pit Area
Waste
Dump
Crk-1
HUGUENOT
SCALE
3
4
5 km
Crk-2
Belcourt
W
N
E
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