HUGUENOT PROJECT UPDATE 2013 October
COLONIAL COAL INTERNATIONAL CORPORATION
PROJECT UPDATE 2013 October COLONIAL COAL INTERNATIONAL - - PowerPoint PPT Presentation
HUGUENOT PROJECT UPDATE 2013 October COLONIAL COAL INTERNATIONAL CORPORATION LOCATION HUGUENOT = 85 km (approx.) FLATBED = 30 km (approx.) from TR COAL MINE PROPERTIES HUGUENOT COAL LICENSE AND APPLICATIONS COAL LICENSES = 6,467 has.
COLONIAL COAL INTERNATIONAL CORPORATION
LOCATION HUGUENOT = 85 km (approx.) FLATBED = 30 km (approx.) from TR
COAL MINE PROPERTIES
HUGUENOT COAL LICENSE AND APPLICATIONS
COAL LICENSES = 6,467 has. COAL LICENSE APPLICATIONS = 17,550 has.
HUGUENOT PROPERTY GEOLOGY
HUGUENOT DRILL HOLES
DIAMOND = 28
LARGE DIAMETER = 33
ROTARY = 44
HUGUENOT COAL SEAMS & MINING SECTIONS
Seam North Block Middle Block South Block 9 0.67 0.77 0.62 8 3.02 1.72 0.96 6B 2.19 0.89 0.89 6L 1.87 3.27 3 5 5.93 6.55 4.37 4/4U 0.71 1.1 1.93 3B 1.37 0.82
2A 0.72 1.07
3.41 7.88 2.99
AVERAGE THICKNESSESS ( MINING SECTION )
HUGUENOT PROPERTY GEOLOGY
NORTH BLOCK : CROSS SECTION AA'
NORTH BLOCK : CROSS SECTION BB'
NORTH BLOCK : CROSS SECTION CC'
NORTH BLOCK : CROSS SECTION DD'
MIDDLE - SOUTH BLOCK : CROSS SECTION KK'
MIDDLE - SOUTH BLOCK : CROSS SECTION JJ'
MIDDLE - SOUTH BLOCK : CROSS SECTION HH'
MIDDLE - SOUTH BLOCK : CROSS SECTION GG'
MIDDLE - SOUTH BLOCK : CROSS SECTION EE'
SUMMARY OF COAL RESOURCES
DEPOSIT TYPE MEASURED (Mt) INDICATED (Mt) INFERRED (Mt) SURFACE
96.2 35.75 0.53
UNDERGROUND
18.85 126.88 118.66
TOTAL
115.05 162.63 119.19
Measured Indicated Measured & Indicated Inferred Measured Indicated Measured & Indicated Inferred Mt Mt Mt Mt Mt Mt Mt Mt North Block
58.32 7.91 66.23 7.18 30.41 37.59 86.84
Middle Block
37.88 9.02 46.9 0.53 11.67 19.5 31.17 1.58
South Block
18.82 18.82 76.97 76.97 30.24
Total
96.2 35.75 131.95 0.53 18.85 126.88 145.73 118.66
Surface Resources Underground Resources
QUALITY COMPARISON: Huguenot HCC vs. Canadian Export Coking Coals1
Huguenot Canadian Canadian Coking Coal* NEBC HCC** SEBC HCC** Total Moisture % as received 9 8 - 9 8 Volatile Matter % dry 22.5 - 23.5 23 - 24.5 21.0 - 27.0 Ash Content % dry 8.5 - 9 8.25 - 8.60 8.5 - 9.6 Sulphur Content % dry 0.4 0.45 - 0.55 0.35 - 0.75 Free Swelling Index (FSI) 6.5 - 7 7 - 8 6 - 8 Mean Max Reflectance of Vitrinite % 1.15 - 1.20 1.15 - 1.25 1.08 - 1.35 Gieseler Maximum Fluidity (ddpm) 100 150 - 300 40 - 300 Phosphorus in Coal % dry 0.044 0.008 - 0.040 0.010 - 0.065 Base/Acid Ratio of Ash 0.08 - 0.010 0.12 - 0.18 0.07 - 0.10 Coke Strength after Reaction (CSR) 60 - 65 58 - 60 68 - 72 *Results based on laboratory scale washing and testing of exploration samples **Results based on full washing plant under operating conditions
1Reproduced from the report Marketing Study for the Huguenot Property , Kobie Koornhof Associates Inc., August,2013
SUMMARY OF OPEN PIT AND UNDERGROUND RESOURCES
PIT TYPE YEARS ROM (+) PLANT YIELD PRODUCT TONNES (+) SURFACE 15 86 MM 70% 39 MM UNDERGROUND 31 66 MM 76% 50 MM TOTAL 122 MM 89 MM LIFE OF MINE PRODUCTION
ECONOMIC ANALYSES RESULTS ($ MILLIONS)
5% 7.50% 10% IRR (%) 5% 7.50% 10% IRR (%) US$192.50/t 1,579.00 $ 1,100.00 $ 780.00 $ 32 1,181.00 $ 790.00 $ 530.00 $ 24 US$165/t 680.00 $ 407.00 $ 230.00 $ 16 272.00 $ 85.00 $ 32.00
9 US$225/t 2,634.00 $ 1,910.00 $ 1,420.00 $ 49 2,238.00 $ 1,602.00 $ 1,173.00 $ 42
Coal Price NPV (US$M) at Varying Discount Rates with IRR w/ Capital Cost Contingency Only w/ Capital and Operating Cost Contingency
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS`
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
FIELD PHOTOS
COLONIAL COAL INTERNATIONAL CORPORATION
FLATBED PROJECT LOCATION MAP
FLATBED PROJECT PROPOSED WORK & COAL LICENSE APPLICATIONS
FLATBED PROJECT SCHEMATIC CROSS-SECTION