Exploration Success at Hillalong North

• Coal intersected at 26 of the 27 sites drilled. • 6 sites successfully cored for coal quality analysis • Main target seams (Elphinstone and Hynds Upper) intersected from as shallow as 5 metres • Seam continuance between shallow intersections and the historic deeper drill holes in the North now confirmed directed to • Samples despatched to the laboratory in Mackay for full coal quality analysis B