Bowen Basin Projects

Cockatoo Coal’s Bowen Basin projects interests extend from Dingo project in the north to the Baralaba South project in the south, across approximately 92 kilometres of strike length, in an area located approximately 180km west of Gladstone, in central Queensland. Permian age Rangal Coal Measures sub-crop throughout the project package, offering 550km2 of contiguous target areas.

Bowen Basin Resources

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Baralaba Mine/ Baralaba North

There were no drilling activities at the Bowen Basin projects during the quarter as current data requirements were satisfied in the previous quarter.  The next phase of open hole drilling and core hole drilling for coal quality testing in the Baralaba North and Lochinvar projects will be commenced later in the year, with the aim of expanding the JORC Resources and Reserves to the north and at depth.  Exploration potential in the different projects remains open in most directions.

100% Project Basis

Marketable Reserves (Mt)

Resources (Mt)

  

Projects

 Proven Probable Total

Measured

Indicated

Inferred

Total

Inventory

Baralaba Mine

 0.8 0.4 1.0

4.3

8.4

4

17

0
  1.85 2.06 3.4 8.5 2.2 8 19

0

Baralaba North

 

 10.39 28.6

16.9

21.2

16

54

0

Baralaba South

 

 37 37 35.5

17.2

114

167

0

Wonbindi

 

 

 0

0

0

25

25

0
Lochinvar

 

 

 0 0 4.0 60 64 44

Total Bowen Basin Projects

 2.35 50.25 70

65.2

53

227

346

44
*As at March 31, 2013. Mine reserves depleted since the previous announcement by coal production.