Hi All.International Coal gains green light for Bowen Basin coal...

Hi All.

International Coal gains green light for Bowen Basin coal project.
Proactive Investors July 29th 2013.

International Coal has been green - lighted two of four tenements in the promising Consuelo Project in the Bowen Basin handily located between Glencore Xstrata's Rolleston Mine and Bandana Energy's Arcadia deposit.
Full page,part being,Historical eveidence from the region suggests the Bandana seams could potentially yield a washed semi-soft coking coal product.

The Meteor Downs South deposit (Endocoal Limited)lies 30 kms to the north west of the tenements and the Arcadia Project (Bandana Energy Limited) is just east of the project.

Washable studies and clean composite results released by Bandana Energy in the neighbouring Arcadia Project have provided evidence that the Bandana seams could make a semi-soft metallurgical coal with a swell of 2.0 - 4.0 possible.There are known to be big wraps on the Consuelo project,particularly given the positioning of the project.
The tenements are 10 to 20 kilometres south east of the existing Glencore Xstrata Rolleston open pit mine and only 25-30 kilometres from the rail haulage line that runs adjacent to the Rollston mine.

Sounds good for Bandana.

Regards
Westcott.