Texas and Oklahoma Coal Company (TOCC) has received Government approval for two of its coking coal exploration projects in south-east British Columbia (BC). The Elko Project, which is the company’s flagship venture in BC, is located approximately 30 kilometres south-east of the town of Fernie while the South Hazell Project is approximately 23 kilometres east-south-east of the same settlement. These Projects hold significant amounts of metallurgical coal and work to date indicates that they contain large exploration targets. The BC Government has approved the first stage work plans, which consist of ground mapping and surveys to prove up the vast amounts of historical data from previous exploration. For the full update please contact info@texascoal.com

As a central tenet with explorers and early stage producers, TOCC has focussed on developing projects, management and financing. TOCC projects offer a diverse mix of producing assets, development opportunities and exploration upside to identify and develop a significant resource base from initial exploration targets across the project portfolio. 
 
The Management team, at Board and operational levels, is diverse and well qualified to manage the growth in TOCC’s North American coal business. Regarding the company’s ability to source financing, the company has been able to secure equity finances to undertake necessary operations.
     
Summing up, to investors wanting exposure to North American coal, TOCC offers a rapidly expanding business managed by dynamic, driven individuals. TOCC project base offers considerable upside through early production revenue and expansion into export markets. Canada Coal in the Press: Click Here
 
Projects Overview
 
 
TOCC is on track in developing a portfolio of exploration projects in Oklahoma, Colorado and British Columbia. Applications for federal mineral leases in Oklahoma and Colorado are in the regulatory approvals process. Additionally, applications for Coal Exploration Licenses lodged in Peace River and Kootenay (British Columbia) are in the approvals process. All projects have the priority target being metallurgical coal with high energy thermal produced as secondary product.
 
Project
State
Coal Type
Exploration Target (Mt)
Mineral Rights
Area (Ha)
Application Status
Howe & Bokoshe
Oklahoma
Metallurgical/PCI
152 - 233
Federal
9,500
Lodged
Left Fork
Colorado
Metallurgical/Thermal
136 - 204
Federal
6,600
Lodged
South Hazell
British Columbia
Metallurgical/PCI
57 - 86
Crown
2,685
Approved
Elko
British Columbia
Metallurgical/PCI
224 - 336
Crown
2,995
Approved
Peace River
British Columbia
Metallurgical
40 – 50*
Crown
2,400
Approved
Total JORC
Total Non JORC*
 
 
570 - 859
40 - 50
 
 
 
Oklahoma Mine
Oklahoma
Metallurgical/PCI & Thermal
7.5 Recoverable Reserve (Non JORC)
Federal
Private
1,457
30% Owner
Project Summary

 
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