Colonial Announces 26 New Coal Licenses for its Flatbed and Huguenot Properties

Colonial Coal International Corp. (TSX VENTURE:CAD) (the "Corporation" or
"Colonial Coal") is pleased to announce that the British Columbia Ministry of
Energy and Mines ("MEM") has issued a total of 26 new coal licenses the
Company's Flatbed and Huguenot properties. 


In particular:



--  seven such licenses now form the Company's Flatbed property and 19
    licenses have been added to the original 13 licenses that previously
    formed the Company's Huguenot property;

--  the Flatbed licenses cover 9,077 hectares and include the main targets
    reported in the Company's January 29, 2013 news release;

--  the 19 coal licenses issued for the Huguenot property principally cover
    potential down-dip extensions to previously defined and reported
    resources plus additional resource potential east of the currently
    defined deposit; most of these new licences are located along trend from
    other coal projects located to the northwest; and

--  MEM's review of the Company's Notice of Work application for a Work
    Permit to undertake exploration of the Flatbed property is in process.



The Flatbed property is now comprised of seven coal licenses that cover a total
of 9,077 hectares. A decision to grant coal licenses over an additional 2,400
hectares has been deferred to allow additional time for further evaluation of
this area's winter use by caribou belonging to the Quintette herd. The deferred
ground formed the southernmost portions of the original coal license
applications and does not contain any of the Flatbed property's initial targets.



MEM is conducting their review of the Company's application for a Work Permit
that will allow them to conduct exploration activities on the Flatbed property.
Although a firm timeline for approval of the permit is not available, the review
has proceeded in conjunction with the coal license approval process, and any
final requirements leading to a decision will be addressed. 


The Flatbed property borders portions of the Quintette (Teck), Trend (Peace
River Coal) and Duke Mountain (Teck) properties. The Company previously
announced (January 29, 2013) that, based upon a review of various data from in
and around the Flatbed property, the Company's geological consultant identified
three targets worthy of future exploration aimed at the location of underground
mineable metallurgical coal deposits for seams targeted at depths between 200
metres and 600 metres. 


19 new coal licenses covering 16,426 hectares have also been received from MEM
for the Huguenot property. Previous to this, and in support of current
initiatives to protect mountain caribou and their habitat, the Company agreed to
withdraw application for approximately 1,130 hectares of identified winter
habitat. The new licenses are in addition to the existing 13 coal licenses
(covering 6,467 hectares) that previously formed the Huguenot property, bringing
the total number of licenses to 32 with an overall area of 22,893 hectares. The
new coal licenses principally cover potential down-dip extensions to the main
deposit plus additional resource potential, located east of the main deposit,
along a regional trend that includes the Wapiti (Canadian Dehua) and Flatbed
coal projects to the northwest. 


As reported in the Company's September 24 2013 news release, the Huguenot
property underwent a successful Preliminary Economic Assessment in 2013.
Measured and indicated in-situ coal resources total 277.7 million tonnes, with
Inferred resources adding a further 119.2 million tonnes, as tabulated below:




------------------------------------------------------------
Deposit type    Measured (Mt)  Indicated (Mt) Inferred (Mt) 
------------------------------------------------------------
Surface             96.20          35.75           0.53     
------------------------------------------------------------
Underground         18.85          126.88         118.66    
------------------------------------------------------------
TOTAL               115.05         162.63         119.19    
------------------------------------------------------------



The project was found to have positive economics and to be worthy of continued
exploration and development. Clean coal production of 89 million tonnes was
projected over a mine life of 31 years from combined surface and underground
mining operations. Coal resources accounted for in both the open pit and
underground mine plans were estimated as:




---------------------------------------------
Mining Method      ROM (Mt)      Clean (Mt)  
---------------------------------------------
Open Pit              56             39      
---------------------------------------------
Underground           66             50      
---------------------------------------------
TOTAL                122             89      
---------------------------------------------



"We are very pleased that our hard work, dedication and outreach to local First
Nations, all levels of Government and stakeholders over the past five years has
resulted in the confidence required for Government to issue these new and highly
prospective coal licenses" said David Austin, Colonial's President and CEO.
"These new coal licenses are among the largest blocks to be issued in the last
five years in northeast B.C. and are a good news coal story in this current
short-term down cycle. Colonial's staff will now focus on the review and
development of potential exploration plans related to these new licenses while
we await a decision from MEM on the pending Work Permit for Flatbed. Colonial
continues to be committed to work with local First Nations, communities and
stakeholders to seek their input and guidance with respect to our exploration
and development of these properties". 


This press release has been reviewed by John Perry, a director of the Company
and a Qualified Person as defined in National Instrument 43-101. 


About Colonial Coal International Corp. 

Colonial is a publicly traded pure-play coking coal company in British Columbia.
The northeast Coal Block of British Columbia, within which our Company's
projects are located, hosts a number of proven deposits and has been the subject
of M&A activities by Xstrata, Walter Energy, Anglo-American and others. 


Additional information can be found on the Company's website www.ccoal.ca or by
viewing the Company's filings at www.sedar.com. 


Forward-Looking Information 

Information set forth in this news release may involve forward-looking
statements. Forward-looking statements are statements that relate to future, not
past, events. In this context, forward-looking statements often address a
company's expected future business and financial performance, and often contain
words such as "anticipate", "believe", "plan", "estimate", "expect", and
"intend", statements that an action or event "may", "might", "could", "should",
or "will" be taken or occur, or other similar expressions. By their nature,
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause our actual results, performance or achievements,
or other future events, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. Such factors include, among others, the following risks: risks
associated with marketing and sale of securities; the need for additional
financing; reliance on key personnel; the potential for conflicts of interest
among certain officers or directors with certain other projects; and the
volatility of common share price and volume. Forward-looking statements are made
based on management's beliefs, estimates and opinions on the date that
statements are made and except as required by law, the Company undertakes no
obligation to update forward-looking statements if these beliefs, estimates and
opinions or other circumstances should change. Investors are cautioned against
attributing undue certainty to forward-looking statements. 


THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE
EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND,
ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE
UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS
INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT
UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED
IN ACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Colonial Coal International Corp.
Perry Braun
604.568.4962
pbraun@ccoal.ca


Colonial Coal International Corp.
Shane Austin
604.568.4962
saustin@ccoal.ca
www.ccoal.ca
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