Elan Hard Coking Coal Project
The Elan Hard Coking Coal (HCC) Project hosts a current JORC Resource estimate of 486 Mt (7 Mt Measured, 228 Mt Indicated and 252 Mt Inferred) and growing. Comprehensive quality testing, combined with review of substantial historical testwork data for the broader Elan Project, has confirmed Tier 1 HCC quality. The Elan South area is located approximately 13 km from an existing rail line with significant excess capacity, providing direct rail access to export terminals in Vancouver and Prince Rupert.
The Groundhog and Panorama Anthracite Projects are located in northern British Columbia, Canada. The massive Groundhog project (100% Atrum) has been the subject of multi-decade historical exploration work and contains an existing JORC Resource estimate of over 1 Bt of premium anthracite (156 Mt Measured, 453 Mt Indicated and 407 Mt Inferred). Panorama North (65% Atrum) is held in joint venture with, Japan Oil, Gas and Metals National Corporation (JOGMEC) and has a current JORC Resource estimate of 174 Mt (Inferred).