Allegiance fast-tracks British Columbia coal project

Junior Allegiance Coal is hoping to expedite the development of the recently acquired Telkwa coal project, in British Columbia, with a prefeasibility study (PFS) scheduled for completion by the first half of 2017. Allegiance earlier this year acquired private Canadian firm Telkwa Coal in a deal valued at A$1.25-million. Telkwa’s sole asset is a farm-in agreement over the advanced coking coal exploration project.