Pacific American Coal Ltd (ASX:PAK) has entered an exciting period following the commencement of drilling activities at its Elko Coking Coal Project in British Columbia, Canada.
In Elko, PAK has secured what was one of the last unpegged coal areas in the East Kootenay basin.
As a result, the company now finds itself sitting on a large strategic holding in one of the world’s premier coking coal basins.
The remodelling of historical information along with its own work has enabled PAK to define an initial JORC 2012 compliant resource of 257 million tonnes at Elko.
The primary objective of the current drilling program is to utilise modern exploration drilling and testing techniques to confirm the quantum and quality of the resource at Elko.
Specifically, PAK has planned a program of up to 11 rotary and spot core holes to test the geology, consistency and thickness of the seams, and recover sufficient core to undertake quality testing of the target seams.
READ: Pacific American Coal begins exploration at Elko project in British Columbia
So far, the weather has been kind to the company, with the snow melting sufficiently to enable the commencement of the construction activities as planned in early July.
PAK is planning to complete all drilling and reclamation activities by the end of October.
The assay and lab results will then follow with the intention of publishing an updated resource statement during the first quarter of 2019.