SURFACE

Stanmore resource exceeds 4Bt

STANMORE Resources has emerged as a coal giant, revealing total resources of more than 4 billion tonnes of coal in its Queensland projects, which include the recently acquired South Walker Creek and Poitrel mines.

Stanmore has emerged as a coal giant with resources of more than 4 billion tonnes.

Stanmore has emerged as a coal giant with resources of more than 4 billion tonnes.

Total run-of-mine coal reserves across all Stanmore-controlled tenements stand at 218 million tonnes and total marketable coal reserves are 166Mt as at December.

Of the 4.061Bt total resource figure, 944Mt is in the measured resources category, 1.632Bt is in the indicated resources, category while 1.484Bt falls under inferred resources.

Stanmore's SMC Asset, which includes South Walker Creek, Poitrel and the underground Wards Well project, has total coal resources of 2.3Bt.

Of that, the undeveloped Wards Well project has the most total resources with 1.168Bt.

The South Walker Creek mine has total resources of 679Mt while the Isaac Plains complex has 160Mt.

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