Huguenot
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 loadout, 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. 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.