About Stanmore Coal

Only ASX met coal pure play - first coal revenue June 2016 

  • Stanmore Coal offers an attractive entry point into the coal sector in Australia with near term production from the Isaac Plains Coal Mine, acquired in 2015 for $1 consideration
  • Stanmore Coal also holds diversified portfolio of development and exploration properties across projects which host coking, thermal and PCI coal.
  • All projects are situated in Queensland's Bowen and Surat Basins, which produce some of the world's best coking, PCI and thermal coals.

Isaac Plains Coal Mine - metallurgical coal production achieved
  • Isaac Plains is a metallurigcal mine located in the prime coking coal region of the Bowen Basin, Queensland

  • The mine was placed under care & maintenance by former owners in 2014. Stanmore Coal recommenced mining in February 2016 with first product coal in April and first coal shipped in May 

  • Mining currently at a rate of 1.1Mtpa with Golding Contractors Pty Ltd appointed as the Principal Contractor under a 3 year contract.

  • The mine produces a primary coking coal with secondary thermal coal by-product, with product coal being exported to key customers in the steel manufacturing industry

Isaac Plains East Project - significant potential synergies with Isaac Plains
  • The Isaac Plains East Project (formerly Wotonga Project) was acquired in 2015. The project is located adjacted to the east of the Isaac Plains Coal Mine

  • Exploration and studies have delivered a maiden JORC Resource and Reserve for the Project 

  • Given the proximity to the Isaac Plains Coal Mine, the capital required to develop Isaac Plains East is significantly reduced with existing process and rail loop access readily accessible and in place

Projects close to export infrastructure

  • Stanmore Coal's Bowen Basin tenements are located near rail infrastructure which provides access to the export ports at Gladstone and Dalrymple Bay

Significant exploration upside

  • Portfolio of over 2,000 km2 of highly prospective, granted exploration tenements which sit within Queensland's prime Bowen Basin and developing Surat Basin coal regions
  • The Belview Project is a prospective high quality coking coal project in the Bowen Basin, containing a JORC Resource of 330Mt (50Mt Indicated and 280Mt Inferred
  • The Range Project is a high quality thermal coal asset located in the Surat Basin. A Feasibility Study, completed in April 2013, confirmed the technical and economic feasibility of the project. A 94Mt Marketable Coal Reserve1 underpins infrastructure applications

Highly experienced board and management focussed on growth

  • The board and management team have a proven track record in the identification, exploration, development and operation of coal assets in Queensland and NSW; as well as the formation of a number of successful coal and coal seam gas companies
  • The board and management of Stanmore Coal have a successful track record in mergers and acquisitions which will complement Stanmore Coal's planned corporate growth strategy
  • Stanmore Coal believes it can enhance shareholder value through the identification and delivery of logical acquisitions such as the Isaac Plains Coal Mine, acquired in 2015, with no dilution to the existing shareholder base

Website Footnote References

1 Marketable Reserves Note - The Marketable Coal Reserves of 94Mt is derived from a JORC compliant run of mine (ROM) Coal Reserve of 117.5Mt based on a 14.8% ash product and predicted yield of 80%.
3 Yield Note - Note all yields and ash results reported include fines and exclude mining losses and dilution