5 September 2017
ASX Announcement Further Extension to Blair Athol Mine Life
TerraCom Limited (TerraCom or the Company) (ASX:TER) is pleased to announce a further upgrade to the Blair Athol Mine JORC Reserve and Resources. Independent experts Xenith Consulting Pty Ltd (Xenith) and TerraCom have conducted further work since the last announcement in November 2016 and has been able to upgrade the total Blair Athol Mine JORC Reserves to 15.6mt and increase the JORC Measured Resource to 21.9mt. The coal reserves and resources have been estimated in accordance with the standards outlined in the JORC code (JORC, 2012) and the Coal Guidelines 2014.
Xenith was pleased to assist Stanmore with further technical studies resulting in updated JORC estimates for their Isaac Plains mine during July and August
Stanmore announces Updated JORC Resource for Isaac Plains Complex
- Total JORC Resource has increased from 76.9Mt to 79.2Mt with a significant level (70%) as Measured and Indicated ResourcE
- Total Resource includes the open cut and underground JORC Resource for the Isaac Plains mine (48.5Mt) and Isaac Plains East Project (30.7Mt)
Stanmore announces JORC Reserve Increase for Isaac Plains Complex
- Total JORC ROM Reserve has increased by 8% from 15.2Mt to 16.4Mt
- Open-cut mine life has increased to provide a mine life to 2029 that include the Isaac Plains East Project area and additional strips at Isaac Plains
- Strip ratio at Isaac Plains East Project is significantly lower for the first 3 years than current open-cut operations at Isaac Plains
- Additional coal quality drilling at Isaac Plains East Project displays improved coal rank and yield for semi-soft coking product relative to Isaac Plains
It is hard to believe it has been 7 weeks since our EOFY celebration! We wanted to thank everyone who took time out of their busy schedules to join us and enjoy the day. Once again it was a great turn out, where some of us managed to network into the night…
The industry is becoming buoyant again, large deals are being made and investment dollars are coming back in to the sector. Xenith are continuing to move with the new sentiment and grow our services offering.
As many of you were introduced to the new UAV survey capability on the day, we are now actively flying for rehabilitation and end of month requirements at mine sites in Queensland.
We again thank you all for coming and look forward to working with you in FY18.
Xenith recently attended the Sydney Basin Symposium held at the Mercure Hunter Valley as one of the major sponsors for the event.
The Sydney Basin Symposium brings together geologists from industry, consulting, university and government to present and discuss the results of recent research projects and developments. As with its sister symposium, the Bowen Basin Symposium, it provides an excellent opportunity to reconnect with colleagues and stay up to date with developments in coal technology.
REALM Resources has updated the coal resources and reserves for its PT Katingan Ria in Indonesia in accordance with the JORC Code 2012.
PT Katingan’s coal resources are 87.5 million tonnes, split 6.5Mt measured, 44Mt indicated and 37Mt inferred, while coal reserves are 27.4Mt.
PT Katingan Ria coal is a typical low rank, sub-bituminous thermal coal with low sulphur and nitrogen contents and complies with the Argus Indonesian Coal Index.
Pit optimisation was carried out on the PT Katingan Ria deposit in a previous mining and barging options study conducted by Xenith in February 2013.
This study delineated an area of the deposit that was economical to mine at a reasonably low product coal sales price.
The current PT Katingan Ria life of mine pit used in the recent reserves statement was within the economic mining limits.
Xenith have been engaged by Sindh Engro Coal Mining Company (SECMC) to provide JORC Compliant Coal Resource & Reserve Estimates on the Thar Block II Coal project in the Tharparkar district in Sindh Province of Pakistan.
The Queensland Government “Ignite Qld Fund” awarded Xenith a financial grant in April 2017 to continue its research and development of Xencrete. Xencrete is a concrete substitute composed of contaminants found in waste water produced in the production of Coal Seam Gas (CSG).
Dallis Raynor of Xenith Consulting took time out to inspire future engineers at a seminar at the University of Queensland’s (UQ) Chemical Engineering Society. Dallis presented to 60 current and past engineering students about the role that engineers can play in risk management to make the world a safer place.
Gloucester Coal (GCL) operates the Stratford and Duralie mines in the Gloucester Basin of NSW, both mines are fully owned and operated by Yancoal Australia. In September 2015, GCL engaged Xenith Consultants to assist onsite with the transition from a contracting operation to an owner operated environment. Xenith were tasked with improving the short term and long term reforecasting onsite at Duralie mine where complex stratigraphy and ongoing geotechnical challenges required a unique approach to mine design, equipment sequencing and scheduling.
Problem Definition: One of our major clients faced challenges in one particular pit of a large coal mine with geotechnical issues in the highwall, resulting in a need to relocate an access ramp from one end of the pit to the other whilst still maintaining ROM coal uncover.
Xenith Consulting has recently completed a noise assessment for a new quarry. The work involved measuring actual equipment (fixed and mobile plant) noise levels, modelling the operation’s noise levels to confirm compliance with approved licence limits, investigating future equipment upgrade options, and preparing a Noise Management Plan for submission to the regulators.