Surat Basin Projects

Cockatoo Coal currently holds 100% interests in more than 3,800km2 of coal projects in the Surat Basin region of South Eastern Queensland, inclusive of the Kingaroy project. (Illustrated on the map below.)

Surat Basin Projects

Woori project

Of these, the Woori project (MDL 187) is the most advanced, with EIS work underway as part of feasibility studies for a 3.0-3.5Mtpa thermal coal operation.

This project is being developed with a view to commencing production, to coincide with the opening of planned new rail and port infrastructure slated for 2013/14.

In addition, significantly increased JORC resources at the Tin Hut Creek (EPC 1134/813) and Bottle Tree projects (EPC 813) announced recently – both within 20km of Woori - point to the potential for Cockatoo to develop a larger ~6Mtpa+ multi-pit operation in the area, when sufficient infrastructure capacity is available.

In total, 694.5Mt of JORC thermal coal resources has currently been delineated across the Company’s Surat Basin projects, comprised from Juandah and Taroom Coal Measures of the Walloon Sub-Group, both of which sub-crop in the area.

A full breakdown of Cockatoo’s current Surat Basin JORC project resources follows:

Project Tenement JORC Status Estimated
Tonnes (Mt)		 Depth of
resource		 Strip Ratio
Woori MDL 187 (MLAs 50247/50248) Measured 84.3 110 5
Davies Road EPC 1041/813 Inferred 75.6 <150 9
Krugers EPCs 796/1041 Inferred 104.7 <150 10
Bottle Tree EPC 813 (MDLA 433) Inferred 32.5 <150 8
Tin Hut Creek EPC 1134/813 (MDLA 430) Inferred 118.6 <150 7
Total of all Resource Categories 415.7 Mt
Kingaroy EPC 882 Measured 35.5 <150 <10
Kingaroy EPC 882 Indicated 87.4 <150 <10
Kingaroy EPC 882 Inferred 85.4 <150 <10
Kingaroy EPC 882 Indicated 40.9 150-300 <10
Kingaroy EPC 882 Inferred 29.6 150-300 <10
Total of all Resource Categories 278.8 Mt
Total Surat Basin and Kingaroy Project Resources 694.5 Mt