Geology, Structure and Development of the Maramarua Open Pit Mine
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Geology, Structure and Development of the Maramarua Open Pit Mine Chris Dyer Disclaimer This presentation has been prepared by and issued by Bathurst Resources Limited (“Bathurst”) to assist it in informing interested parties about the Company and its progress. It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation. You should not act or refrain from acting in reliance on this presentation material. This overview of Bathurst does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of the Company’s prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation and making any investment decision. Neither the Company nor its advisers have verified the accuracy or completeness of the information, statements and opinions contained in this presentation. Accordingly, to the maximum extent permitted by law, the Company and the advisers make no representation and give no assurance, guarantee or warranty, express or implied, as to, and take no responsibility and assume no liability for, the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission, from any information, statement or opinion contained in this presentation. Reports and announcements can be accessed via the Bathurst Resources website – www.bathurst.co.nz Forward-Looking Statements: This presentation includes certain “Forward-Looking Statements”. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding forecast cash flows and potential mineralisation, resources and reserves, exploration results, future expansion plans and development objectives of Bathurst Resources Limited are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Not for distribution or release in the United States 2 Contents - Introduction to the Maramarua Mine - History of Mining - Geological setting of the Maramarua Coalfield - Generalized stratigraphy of the Coalfield - Structure within the Maramarua Mine - Mining Challenges Maramarua Mine - Owned and operated by Bathurst Resources limited - Located in the north of the Waikato, about 70km south of Auckland City - Produces ~210kt of coal per year for the local thermal market - Fonterra - New Zealand Steel - Genesis Energy 4 Maramarua Mine Rotowaro Mine 5 History of mining in the Maramarua Coal field Previous mining activities: The coal deposit was first discovered in 1869 - Small scale underground mining took place between 1871 – 1914 - Glencoal purchased the United Coal Company and began mining of the Kopako open cut mines in 1946 - Coal Corporation and Glencoal joined forces to develop the Kopako 1 and 2 open pits to supply coal to the Meremere power station in 1958. - Meremere power station was closed in 1991 and the Kopako 1 and 2 pits were allowed to flood 6 History of mining in the Maramarua Coal field Mine Redevelopment: - Dewatering of the Kopako pits commenced in 2008 by Solid Energy - Coal was successfully trialed to potential customers in 2011/2012 - Construction of current mine commenced late 2014 - As part of the liquidation of Solid Energy in 2017, the Maramarua mine and its assets were sold to BT Mining Ltd. 7 Location of the Maramarua Coalfield 8 Geological setting of the Maramarua Coalfield - Maramarua Coalfield is in an area of thick coal measures confined to a valley cut between the out-cropping basement of the Hunua and Hapuakohe Ranges 9 Geological setting of the Maramarua Coalfield - Bound to the west by the Major Maungaroa Fault 10 Layout of the Maramarua Coal Mine KCQ 2, 3, 4 KCQ 1 Stg4 KCQ 1 Stg5 Stg 4 Stg 2 K2 Lake K1 Stage 1 K1 Lake Stg 3 11 Generalised Stratigraphy Tauranga Group Whaingaroa Formation Mangakotuku Formation Renown Coal Seam Kupakupa Coal Seam Taupiri Coal Seams Waikato Coal Coal Measures Waikato Manaia Hill (basement) 12 The Kupakupa Coal Seam - Target seam - Variable thickness - Low Ash - Low Sulphur - High Moisture content - Moderate CV - Sub-bituminous C rank 13 Large scale structure - Bound to the North by the Landing Fault - Upthrown block - Split through the middle by the Miranda fault (Splay off Foote Fault) - Bound to the south by the Foote Fault - Upthrown block 14 Large scale structure – Section A – A’ B C A’ C’ B’ A 15 Large scale structure – Miranda Fault S Section A – A’ N 16 Large scale structure - Section B – B’ B C A’ C’ B’ A 17 Large scale structure – Landing Fault NW SE Section B – B’ Landing Fault 18 Large scale structure - Section C – C’ B C A’ C’ B’ A 19 Large scale structure – Foote Fault NW SE Section C – C’ 20 Small Scale structure 21 Small Scale structure Foote Fault 22 Challenging mining conditions 23.