Fortbridge Media Release

International Coal [ASX: ICX] - Maiden JORC resource of South Blackall Project

International Coal Ltd (ASX: ICX) has announced its maiden JORC Inferred Resource of 728 million tonnes of thermal coal at its South Blackall Project (EPC2197).

This assessment was achieved following the completion of the Stage 1 drill programme and was completed by technical advisors Moultrie Database and Modelling (�MDM�).

MDM had previously developed an extensive exploration programme for EPC2197 and has provided ongoing advice to the board throughout the company�s development and drill programme.

Highlights:

* ICX confirm a JORC compliant Inferred Thermal Coal Resource at EPC2197 of 728 million tonnes less than 1 year after listing on ASX
* Average cumulative seams of 13.93metres achieved � Moultrie�s Independent Exploration Target had previously predicted that the average cumulative seam would be 10metres
* Less than 15% of EPC2197 has been drilled to date to achieve this substantial inferred resource
* Planning for another drill programme is underway in order to significantly increase this inferred resource number
* ICX holds an additional 8,000 km2 of tenements under application adjacent to EPC2197 � drilling to date has covered less than 1.2% of our potential landholding in the Eromanga Basin
* ICX is well placed to be a leading developer of coal resources in the emerging and exciting Eromanga Basin region
* ICX is leading discussions in relation to infrastructure opportunities for the region
* Core obtained from diamond hole drilling is currently being analysed

The recently completed drill programme focused on drilling to a depth of only 220 metres with multiples seams encountered throughout the project area drilled (see EPC2197 resource table attached).

The inferred resource assessment has been made from results achieved from drilling in to the Winton Formation from a number of drill holes covering the western and south west parts of the project area. We now plan to develop other parts of this site in order to confirm seam continuity, thickness and depth.

Click here to view the announcement:

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