Stanmore Resources Ltd · ASX:SMR
Stanmore Resources — Stanmore Coal — Coal Exploration & Developments Hotspots Conference 2010
18 slides from Stanmore Resources's conference presentation, Oct 12, 2010
Slide 1: Coal Exploration & Developments Hotspots Conference Presentation
For personal use only C l Exploration Coal E l ti & Developments D l t Hotspots H t t Conference Presentation October 2010
Slide 2: Important notice
Important notice For personal use only This document has been prepared by Stanmore Coal Limited (“Stanmore Coal”) for the purpose of providing a company and technical overview to interested analysts/investors. None of Stanmore Coal, nor any of its related bodies corporate, their respective directors
Slide 3: Stanmore Coal Highlights
Stanmore Coal Highlights For personal use only • Pure P play l coall company focused f d on world ld class l coall regions i – Portfolio of coking, thermal and PCI coal targets within seven project areas (all 100% owned) totaling 1,080km2 in the Bowen and Surat Basins in Queensland, Australia – 318M
Slide 4: Stanmore Coal Highlights
Stanmore Coal Highlights For personal use only • Prime Coal Areas – Six projects in the Bowen Basin – One project in the Surat Basin which hosts export quality thermal coal – A number of other Bowen Basin EPCs under application pp ((a further 1,000km , 2) • Close to Infrastructure – Bowen Basin proj
Slide 5: Strong Board and Management Team
Strong Board and Management Team For personal use only Neville ill Sneddon S dd SStephen h Bizzell i ll Chairman Director Mining engineer with 37 years Extensive experience in experience in coal, formerly CEO of commercialising resources Anglo Coal Australia, Chairman of companies; former executive
Slide 6: Strong Board and Management Team
Strong Board and Management Team For personal use only Andrew Martin Tim Jones Director Exploration Manager 15+ yyears in investment banking, g, SSenior i geologist l i t with ith 15 years infrastructure & resource financing experience in the Bowen Basin and M&A Vaughan Wishart Duncan Cornish Manage
Slide 7: Mackenzie River Project - Bowen Basin (100%)
Mackenzie River Project ‐ Bowen Basin (100% owned) For personal use only • Open Pit Coking Coal – 99Mt JORC Inferred resource – Exploration target1. of an additional 70 to 80Mt – Located on existing railway line to coal ports at Gladstone – 25km of strike (Burngrove Formation) – Adjacent to Aquila R
Slide 8: Mackenzie River - Coking Coal
Mackenzie River ‐ Coking Coal For personal use only • Aquarius q Seam – Average coal thickness 2.2m (max Aquarius Washability (Fl 1.50 adb) 3.4m) Coking Properties – Coal depth: 19m – 100m (cut off) CSN ((ave)) 60 6.0 – Dips at 2°to west CSN (max) 8.0 – Good coking properties Energy – Exploring a tw
Slide 9: The Range Project - Surat Basin (100%)
The Range Project – Surat Basin (100% owned) For personal use only • Export Quality Thermal Coal – 219Mt JORC Inferred Resource – Open pit mine planned producing 5Mtpa of high energy thermal from Q1 2015 – Conceptual Mining Study completed – NPV of A$298m at US$95/t price received1. – L Locatedd 24k
Slide 10: The Range Project - Export Thermal Coal
The Range Project – Export Thermal Coal For personal use only • Key Coal Parameters Product 10% ash 12% ash – Average total coal thickness Quality option option 6.1m ((max 9.0m)) (adb) – Coal depth: 9m – 100m; and Energy continues at depth kcal/kg 6,470 6,280 – Dips at 1° 1 to west Btu/lb 11,650 11,
Slide 11: Emerald Project - Bowen Basin (100%)
Emerald Project – Bowen Basin (100% owned) For personal use only • Targeting Metallurgical and Export Thermal Coal – Rangal Coal Measures projected to sub‐crop through project area from 150m in depth – Exploration Target1.1 of 220 – 290 Mt of low to moderate ash (8 – 12% raw) export quality thermal
Slide 12: New Cambria Project - Bowen Basin (100%)
New Cambria Project ‐ Bowen Basin (100% owned) For personal use only • Targeting low‐volatile low volatile PCI Coal – Targeting low‐volatile, low to medium ash PCI coal along structural trend from Yarabee mine (Felix Resources) – High energy (7,200+ kcal/kg) coal mined historically at adjoining Exce
Slide 13: Belview Project - Bowen Basin (100%)
Belview Project ‐ Bowen Basin (100% owned) For personal use only • Targeting Hard Coking Coal – Potential for significant deposit of underground g p prime cokingg coal – Target seams mined in nearby Cook Colliery and Leichhardt Colliery – Regional seam thickness of: • 6m+ (Gemini Seam = Castor & Pol
Slide 14: Kerlong Project - Bowen Basin (100%)
Kerlong Project ‐ Bowen Basin (100% owned) For personal use only • Targeting Coking/PCI / Coal – Targeting high quality, underground cokingg and PCI coal – Target seams mined nearby including: • Burton (Peabody) • South Walker Creek (BHP Mitsubishi) • Carborough Downs (Vale) • Coppabella (Macarthur
Slide 15: Key Project Summary (all 100%)
Key Project Summary (all 100% owned) For personal use only P j t Project B i Basin Mi i M Mining Method th d T Target tCCoall Si Size Railil Li R Linkk to Coal Port Mackenzie Bowen Open p Pit Cokingg 99Mt JORC Inferred 9 River Resource2 plus 70 –80Mt Initial Exploration Target1. The Range Surat Open
Slide 16: Key milestones - next months
Key milestones – next 12 months For personal use only • Resource upgrade at Mackenzie River – Q1 2011 – Exploration target 70 – 80 Mt of coking coal • Release Conceptual Mining Study at Mackenzie River – Q2 2011 • Release Pre‐feasibility study at The Range – Q4 2011 • Significant Si ifi t scoutt dri
Slide 17: Summary
Summary For personal use only • Pure play coal company focused on world class coal regions • Current JORC Inferred Resource of 318Mt of coking and export th thermal l coall with ith an additional dditi l 290 – 370Mt off exploration l ti target1. upside defined to date • Strong Board and management t
Slide 18: Appendix - ASX Listed Comparables - Coal Sector
Appendix – ASX Listed Comparables – Coal Sector For personal use only – Pathh for f value l Market Capitalisation (A$m) creation as Stanmore 4,500 4,000 Coal moves through 3,500 Producers Explorer / Developers 3,000 project j t development d l t 2,500 2,000 towards production 1,500 1,000 is well est
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