First Colombia Gold Corp. announced that they have reached an agreement to lease a track of land located at 12964 S. Hwy 421 Manchester, Kentucky 40964. The company additionally announced that they simultaneously completed an agreement to be assigned the active coal permit for the property. The property is a surface coal mine located in the south central portion of Clay County in Kentucky and has 102 acres already permitted. The site has three primary seams of coal which the company plans to mine which includes the Haddix, Fireclay and Amburgy seams. The Haddix seam ranges in thickness from 48 inches to 55 inches and will be mined using the area mining method. The Fireclay, which is approximately 30 inches is located approximately 200 feet below the Haddix and will be mined using the Contour/Auger method of mining. The Amburgy which is approximately 26 feet is located near creek level and will be mined using the Contour Method of mining. The permit that is already in place for the property includes 813,450 tons on the Haddix seam, 443,700 tons on the fireclay seam and 384,540 tons on the Amburgy seam.