🕐01.05.12 - 03:27 Uhr

INTERNATIONAL COAL LIMITED [ASX: ICX] - QUARTERLY ACTIVITIES REPORT MARCH 2012





Fortbridge Media Release

International Coal Limited [ASX: ICX] - Quarterly Activities Report March 2012

International Coal Limited (ASX: ICX) has released its March 2012 quarterly activities report which reviews the Company�s first quarter exploration activities.

HIGHLIGHTS:

� International Coal concludes first phase drilling programme at South Blackall with over 2,400 metres of rotary and core drilling successfully completed.
� ICX publishes maiden JORC resource of over 700Mt of thermal coal from EPC 2197 at South Blackall. Further technical results are to be released when available.
� JORC resource at EPC2197 achieved over less than 15% of the tenements area - ICX is now developing a plan to continue drilling and substantially increase this resource.
� ICX is ready to drill at Bundaberg (EPC 2194) following the conclusion of landowner compensation agreements and the development of a comprehensive Exploration Programme.
� Discussions are continuing with other parties to expand the company�s asset base and diversify its extensive interests.
� ICX representatives hold discussions in China and Hong Kong regarding project and infrastructure development for its Queensland projects.
� ICX, in conjunction with potential development partners, plans to commence a Concept Study for its massive landholding at South Blackall.

Please see the full Quarterly Report:

For further information, please contact:

Hugh Dai
Executive Director
0416 186 888

David Round
Director / CFO
0411 160 445

Media/investor enquiries:

Bill Kemmery
Fortbridge
+61 2 9003 0499
+61 400 122 449




Products & Services | Jobs