Bowen Coking Coal Ltd. has identified two additional targets at its 100% owned Broadmeadow East Project in Queensland's prolific Bowen Basin following the completion of its coal quality drilling program. New drilling has confirmed that the Leichhardt seam extends into the area south of the existing Measured Resource area of the project1, which sits within a granted Mining Lease and has a current JORC Resource estimate of 33 million tonnes. Two drill holes in this previously unexplored area encountered the Leichhardt seam at depths of 52m and 62m respectively and importantly, it has thickened to a 4m seam in this area. Scout drilling also intersected the previously unexplored Vermont Lower ("VL") seam in two holes from as shallow as 36.1m. The cored section of the seam in hole CBQ0012 was 2.4m thick, which includes a 0.5m thick tuff parting. Core from this hole was obtained late in the program and therefore results will lag those of the Leichhardt seam cores. The full Girrah seam was also cored and will undergo the same tests as the Vermont Lower seam. The results of the exploration program will now be incorporated into the geological model to support further mine planning, which could now include an extension to the proposed mine layout previously bound by the Measured Resource area north of the power line. On completion, washability and product coal quality analysis will be used to support a Decision to Mine, planned for the second half of the year. Meanwhile, discussions for access to third party infrastructure is underway to fasttrack development of the project and to minimise initial capital requirements. Seam intersections were consistent with expectations based on historic exploration data of most holes. Results from hole CQBE003 indicate part of the lower working section have been affected by an intrusion. Although raw coal quality data compares favourably with historic data, the ply analysis indicates a distinct quality difference between the upper and lower working section of the Leichhardt seam and therefore the full spectrum of fast float, washability and clean coal analysis will be undertaken on both working sections. Furthermore, raw coal quality analysis for the Vermont Lower and Girrah seams are underway, which could provide valuable information towards assessing the seams' potential.