Colonial Coal Updates Corporate Activities

Colonial Coal International Corp. (TSXV:CAD) announced an update to its British Columbia-based coal projects.

As quoted in the press release:

Colonial has budgeted $2.5 – $3 million for additional exploration for 2012; it is anticipated that this program will be initiated in early July. Environmental baseline studies and data collection are continuing; this work is budgeted at approximately $650,000.

Click here for the Colonial Coal International Corp. (TSXV:CAD) press release.