Olive Downs South

Profile
Joint Venture and Manager	Olive Downs South Joint Venture - managed by Olive Downs Coal Pty Ltd
Macarthur Coal's interest	90%
Other ownership interests	10% CITIC
Tenements	EPC 649 (south of the Isaac River), part of EPCs 676, 721 and 850
Location	25km south of Moorvale Mine
Port	Dalrymple Bay Coal Terminal, Abbot Point Coal Terminal and Dudgeon Point (Proposed Terminal)
Coal types	Coking coal, low volatile PCI coal and high energy thermal coal
2011 activities	Exploration drilling was undertaken but access was restricted due to wet weather. The area will continue to be a focal point of exploration during FY2012.
Project status	Olive Downs South is a high priority exploration area due to the prospect of good quality coking coal lying immediately to the south of the existing Olive Downs North Mining Lease area. A large-scale exploration drilling program has been designed and on completion concept studies for open-cut and potential underground will follow.

Profile