Gullewa Limited · ASX:GUL
Gullewa — Allegiance Coal — Symposium Resources Roadshow 2011
18 slides from Gullewa's conference presentation, Jun 22, 2011
Slide 1: Symposium Resources Roadshow 21 & 22 June 2011
Symposium Resources Roadshow 21 & 22 June 2011 Competent Person The exploration information in this presentation is based on information compiled by Mr Colin Randall who is a Fellow of The Australasian Institute of Mining and Metallurgy and Managing Director of Allegiance Coal. Mr Randall has suffic
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by Allegiance Coal Limited ACN 149 490 353 (Company), and is being provided for the sole purpose of providing preliminary background information to enable recipients to review the business activities of the Company. It is not intend
Slide 3: Company Overview
Company Overview Substantial and strategic portfolio of Queensland coal tenements 12 Granted exploration tenements Exploration within known coal to frontier exploration areas including major producing areas of the Bowen, Surat and Moreton Basins Three leading projects Back Creek - open cut the
Slide 4: Company Overview
Company Overview Aggressive drilling program planned to define resources Drill rig secured from June 2011 High calibre Board and Management with proven track record Led by Colin Randall – 40 years experience in coal industry Board includes former Chairman and former CEO of Allegiance Mining NL
Slide 5: Our Projects
Our Projects Project Name Basin Tenement No. Back Creek Surat EPC 1297 EPC 1298 Bowen Kilmain EPC 1917 Mintovale Moreton MDL 138 EPC 1631 Calen Calen EPC 1820 Lochaber Mulgildie EPC 1672 Connemarra Bowen EPC 1296 EPC 1492 Townsville Northern Bowen EPC 1617 Normanby Hodgkinson EPC 1874 Pinetree Laura
Slide 6: Board of Directors
Board of Directors Tony Howland-Rose 48 Years experience in exploration, discovery, development and corporate activity Chairman worldwide As Chairman of Allegiance Mining NL, together with David Deitz presided over the discovery, drill out, finance and building of the Avebury nickel mine - Alleg
Slide 7: Overview of the Company’s Projects
Overview of the Company’s Projects Identification and development of coking, PCI coal and thermal coal deposits within the coal bearing regions of Queensland Substantial exploration portfolio within nearly all Queensland’s coal provinces including the world- class Bowen and Surat Basins – Bowen
Slide 8: Overview of the Company’s Projects
Overview of the Company’s Projects Three lead projects: Back Creek Project (Surat Basin) - identified exploration target of up to 80Mt of low ratio open cut mineable export low ash thermal coal – adjacent to and along strike from tenements containing identified JORC Inferred Resources – further pr
Slide 9: Project Details
Project Details Number Tenement of Sub Surface Application Project Name Basin No. Blocks Area km2 Date Grant Date Coal Type Deposit Back Creek Surat EPC 1297 20 68 22 Mar 2010 Thermal Open cut EPC 1298 16 50 7 Apr 2009 Coking/thermal Open cut/Underground Kilmain Bowen EPC 1917 2 6 22 Mar 2010 Coking
Slide 10: Back Creek Project
Back Creek Project Key Features Runge independent geologist report has identified a target of up to 80Mt at an average strip ratio less than 10:1 32.8Mt (1) Low ratio, open cut mineable low ash thermal coal Along strike from Cockatoo Coal’s Bottle Tree Deposit (MDLA 433) containing 32.8Mt JORC
Slide 11: Kilmain Project
Kilmain Project Key Features Potential 100Mt target Presence of Rangal coal measures and potential for Pollux Seam up to 3m thick Adjacent and down dip of the Togara South deposit drilled out by BHP and converted to an MDL (1) Togara South MDL 340 contains 206.3Mt (2) total resources of 2,01
Slide 12: Mintovale Project
Mintovale Project Potential for early development MCI subsidiary Echidna Coal acquired Moreton Coal Pty Ltd in December 2010 Moreton Coal’s sole asset is the tenement MDL 138, within which contains the Mintovale Project Key Features Potential shallow open cut mine Coal seam with up to 20 coa
Slide 13: Strategy For Development
Strategy For Development Planned exploration expenditure of up to $6 million over the next two years: – drill and assess its existing EPCs and MDL with the aim of establishing JORC compliant resources/reserves – priority to prove up as soon as possible JORC resources at Back Creek and Kilmain and
Slide 14: Exploration Program for 2011/2012
Exploration Program for 2011/2012 Back Creek Kilmain Commencement of drilling early July 2011 with three Commencement of drilling late October 2011 cored holes to establish coal quality Complete initial holes at Kilmain to establish seam Delivery of coal core to laboratory late July 2011 thi
Slide 15: Conclusion
Conclusion Extensive Tenement holdings throughout Queensland Portfolio of approximately 2,389km2 of highly prospective exploration tenements within Queensland’s coal regions. Three lead projects Exploration to concentrate on the three lead projects, Back Creek, Kilmain and Mintovale. Back Cree
Slide 16: Additional Information
Additional Information
Slide 17: Key Staff and Management
Key Staff and Management Graham Hurwitz Chartered Accountant with over 30 years experience in areas of taxation, business services and Company Secretary sales Chief Financial Officer Currently director of Chartered Accountancy firm Hurwitz Geller Pty Limited Former Chief Financial Officer for
Slide 18: Tenement Applications
Tenement Applications Competing Applications EPCA 2154 – Parapi – lodged 1 July 2010 EPCA 2182 – Lilyvale – lodged 2 August 2010 EPCA 2251 – Sandy Creek – lodged 1 November 2010 EPCA 2182 – Dingo – lodged 1 December 2010 EPCA 2374 – Mt. Marrow – lodged 1 March 2011 EPCA 2474 – Palmeria –