CCF

Cobalt Coal Ltd. ("Cobalt" or the "Company") (TSX VENTURE:CCF) is pleased to
provide the following updates: 


-Production volume from its Westchester Mine doubled in May 2012 compared to the
average monthly production achieved during the first 4 months of 2012;


-Installation of electric power from the power grid is proceeding with a
scheduled completion date during the latter half of July or early August 2012. 


The following factors have contributed to the increased production in May 2012: 



--  improved mining conditions - the coal seam thickness has increased; 
--  improved clean coal recovery at the prep plant due to improved coal seam
    thickness ; and 
--  adding more maintenance employees has improved equipment uptime.



Mike Crowder, Cobalt's President and CEO, reports that having achieved
production of 6,000 clean tons during the month and along with the 2012 sales
price increase to $125 per ton from $110 in 2011 means that, for the first time
in Cobalt's history, monthly production revenue will exceed operating costs. "We
are on the way, and once power installation is finished in about 2 more months,
we will be able to task additional machinery underground that cannot now be
operated by power from the diesel generator that is limited and prone to
overload tripping. We remain confident that once the power problems that have
been plaguing us are solved, production volumes from Westchester can be further
increased."


About Cobalt

Cobalt is a publicly traded coal exploration and production company
headquartered in Calgary, Alberta, Canada with a regional office in Welch, West
Virginia USA. Cobalt was created to capitalize on the growth opportunities that
exist in the metallurgical coal mining industry. 


READER ADVISORY

Statements in this news release may contain forward-looking information. The
reader is cautioned that assumptions used in the preparation of such information
may prove to be incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, a result of numerous known and unknown
risks, uncertainties, and other factors, many of which are beyond the control of
the Company. These risks include, but are not limited to, the risks associated
with the coal mining industry, commodity prices and exchange rate changes.
Industry related risks could include, but are not limited to, operational risks
in exploration, development and production, delays or changes in plans, risks
associated to the uncertainty of reserve estimates, health and safety risks and
the uncertainty of estimates and projections of production, costs and expenses.
The reader is cautioned not to place undue reliance on this forward-looking
information. The forward-looking statements contained in this press release are
made as of the date hereof and the Company undertakes no obligation to update
publicly or revise any forward-looking statements or information, whether as a
result of new information, future events or otherwise, unless so required by
applicable securities laws. The Company's forward-looking information is
expressly qualified in its entirety by this cautionary statement.

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