Section 9 Independent Geologist’s Report INDEPENDENT GEOLOGIST’S REPORT Prepared by RUNGE LIMITED ABN 17 010 672 321 Value through Planning Level 12, 333 Ann Street, Brisbane Qld 4000 Project Team GPO Box 2774, Brisbane Qld 4001 MERRYL PETERSON Telephone +61 7 3100 7200 Facsimile +61 7 3100 7297 Email
[email protected] FEBRUARY 2012 Website www.runge.com IMPORTANT INFORMATION ABOUT THIS DOCUMENT 1. Purpose of Report p This report has been produced by or on behalf of Runge Limited (Runge) for inclusion in the Prospectus to be issued by Allegiance Coal Limited (Allegiance Coal or the Company) in connection with an initial public offering (IPO) of securities in the Company and the proposed admission of the Company to the Official List of the Australian Securities Exchange (ASX) through quotation of its shares. Runge was commissioned by Allegiance Coal to prepare an independent technical review of 13 Coal Exploration Licences and one Mineral Development Licence located in Queensland, which are wholly owned by its operating wholly owned subsidiary Mineral and Coal Investments Pty Ltd (M&CI) and an indirectly wholly owned subsidiary of M&CI, Moreton Coal Pty Ltd. p Runge has conducted its review in accordance with the requirements of the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, prepared by the Joint Ore Reserve Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (JORC) – Effective December 2004 (the JORC Code). p This report is provided to Allegiance Coal in connection with the proposed IPO and should not be used or relied upon for any other purpose.