🕐13.01.14 - 03:54 Uhr

CELSIUS COAL LTD. [ASX:CLA] - LABORATORY ANALYSIS CONFIRMS COKING COAL POTENTIAL
OF CELSIUS’ UZGEN BASIN COKING COAL PROJECT





Fortbridge Media Release

Celsius Coal Ltd. [ASX:CLA] - Laboratory Analysis Confirms Coking Coal Potential of Celsius� Uzgen Basin Coking Coal Project

Celsius Coal Limited (ASX Code: CLA) (Celsius or the Company) is pleased to release coal quality data received from SGS Labs for 2013 drilling in the Kargasha area of the Company�s Uzgen Basin Coking Coal Project located in the Central Kyrgyz-Republic.

Highlights:

� Raw coal laboratory test results have now been received for 2013 drilling in the Kargasha area of the Uzgen Basin Coking Coal Project. Assay results confirm coking properties in Northern Kargasha (DDTK0010 & DDTK0011) & Southern Kargasha (DDTK0008 & DDTK0009).

� Most sample results from drill holes DDTK0008 to DDTK0011 from the Kargasha area show Free Swell Index (FSI) numbers in the range of 6.5 to 8.5, indicating good coking potential. 46 of the 49 samples analysed from these drill holes show FSI levels greater than 4.5, which is typically assessed as a threshold for coking coal.

� Results from the analysis of DDTK0008 to DDTK0011 from the Kargasha area are consistent with the laboratory results from the 2012 drilling program, suggesting that the majority of the Kargasha area has coking coal potential.

� The 2013 laboratory results from the Kargasha area also show a continuing trend of low sulphur and other deleterious elements.

� Laboratory results are being complied for the Kokkia area of the Uzgen Basin Coking Coal Project and are expected to be available by the end of January. Further detailed metallurgical analysis, including Coke Strength after Reaction (CSR) analysis, is expected to be available during the March quarter. These results will assist the Company with its ongoing mining studies that are currently underway and in discussions with potential off-take partners.

� Celsius is currently preparing an update to its Inferred Mineral Resource of 255Mt (as released to the ASX on the 15th March 2013) and Exploration Target of 55-110Mt for its Uzgen Basin Coking Coal Project based on the results of the 2013 drilling. This work is expected to be completed by the end of the first quarter of 2013.

� Celsius is currently preparing an update to its JORC resource which is expected to be finalised by the end of the first quarter this year.

To view the full announcement, please refer to the attachment.

For more information please contact:

Mr. Ranko Matic
Company Secretary
+61 (08) 9226 4500

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Fortbridge Consulting: + 612 9003 0477

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