Acquired Exploration Prospects

Monto Project

 

% Ownership 51%
Tenements ML 80101, EPC 613 and EPC 683
Location                120 kilometres south-west of Gladstone
Nearest Port Gladstone Port
Coal Types Thermal coal with less carbon dioxide and nitrous oxide related emissions than most other thermal coals exported from Australia
Resource Status The JORC Code (1999 Version) defined resource of 518.7 million tonnes comprises:
• Measured Resource of 55.7 million tonnes
• Indicated Resource of 66 million tonnes
• Inferred Resource of 397 million tonnes.
Project Status Macarthur Coal is reviewing options for the development of the project.