Bowen Coking Coal Limited announced that it has received the washability and clean coal results from its maiden exploration program recently completed at the Hillalong Coking Coal Project, located in close proximity to the Glencore, Marubeni and Sumitomo owned Hail Creek mine in the Northern Bowen Basin, Queensland. The 99 km2 Project comprises EPC 1824 and EPC 2141 which is currently the subject of a farm in agreement with Sumitomo Corporation (the "Sumitomo FarmIn"), who have earned an 10% in the project post expending $2.5 million on the Phase 1 exploration program. The Sumtomo FarmIn, which will be converted to a formal JV, provides Sumitomo with the option to spend a further $5m to earn an additional 10% of the Project. The washability results from four holes not affected by intrusions have demonstrated that the Elphinstone seam has the potential to produce a single primary coking coal with 10.5% ash at an average yield of 84% over the deposit. The Hynds Upper seam has the potential to produce a high quality, 8.5% ash primary coking coal product with a secondary high energy thermal coal at a combined yield of 87%. As announced previously, two drill holes encountered heat affected coal in varying degrees in the Hynds Upper seam, one of the main target seams, whilst intrusions were more common in the lower, secondary target seams. Pleasingly, the heat affected coal still demonstrated the ability to produce, post washing, a low ash, high CV Energy coal. Washability tests are designed to test coal qualities and coal yields at different densities to assist Management in determining the optimum beneficiation strategy, aimed at generating maximum return from the raw coal mined. The results are uploaded into a comprehensive model to simulate how the coal could be washed in a typical wash plant, similar to those plants operating in the immediate area. The washability tests were conducted on the coal samples taken during the recently completed 27 site drilling program at Hillalong North, wherein Xenith Consulting has estimated a total maiden resource of 43 Mt in accordance with the JORC Code, of which 19.5 Mt is shallower than 150 m deep, a typical depth cutoff for open cut resources. Importantly, the resource area remains open in both the East and South Westerly directions, providing opportunities to expand on this maiden resource estimate. Furthermore, Hillalong North exploration program covered less than 10% of the surface area of the total Hillalong Project, albeit it is the most prospective target area, emanating from historic Rio Tinto drilling data. Design of Phase 2 of the exploration plan at Hillalong is now complete and discussions with Sumitomo have commenced in terms of (a) formalising the Joint Venture and (b) Sumitomo's right to fund a further $5 million to earn an additional 10% of the Project, which would take their interest to 20%.