Bowen Coking Coal Limited (ASX:BCB)
1. About
Bowen Coking Coal Limited (ASX:BCB) is a coking coal exploration and development company with a portfolio of advanced coking coal projects.
The Company holds the Cooroorah, Isaac River, Hillalong and Comet Ridge Coking Coal Projects, all located in the world-renowned Bowen basin in Queensland, Australia. In addition, BCB is a joint venture partner in the Lilyvale (15% interest) and Mackenzie (5% interest) Coking Coal Projects with Stanmore Resources Limited (ASX:SMR).
This may include developing the assets into profitable coal mines, agreeing on strategic partnerships with global industry participants, asset disposals, or a combination thereof.
The Company has already embarked on a two-year exploration and development program, delivering JORC resource statements for both Cooroorah and Isaac River, with a planned drilling program aimed at delivering a maiden resource statement for Hillalong.
The success of the maiden drilling program at Isaac River as resulted in the Company focussing its efforts on fast-tracking Isaac Rivers development.