Monash
Prospective export coking / thermal early stage exploration project strategically located near existing infrastructure in the Hunter Valley.
Drilling commenced August 2011
For any enquiries regarding Monash please call the community information line 1300 657 926 (business hours only - 8am to 5pm, Monday to Friday).
Exploration Titles
EL 6123 and EL 7579 covering area of 22.19 square kilometres in Hunter Valley region, NSW.
Location
- 12 km from rail line
- 95km from Port of Newcastle
- Situated in region serviced by Hunter Valley rail network
Mining method
Underground Longwall
Targeted Average Production
ROM potential up to 9 mtpa over life of mine1
Notes:1. Projected production figures, operating costs and mine life figures are estimates only and are subject to the risks outlined in the Key Risks section of the Gloucester Investor Presentation dated 16 May 2011, including but not limited to the risks relating to port allocation and capacity, exploration and development, mining approvals, rail access, operational risks and resource and reserve estimates. Forward looking statements are not a guarantee of future performance and involve known and unknown risks, uncertainties and other factors, many of which are outside the control of Gloucester.
Illustrative Production Split
- 58% coking coal (semi-soft)
-
42% thermal coal