Product: Thermal coal
Mining method: Open pit / underground
Location: Emerald, Queensland (EPC927, EPC 1169, MDL 3007)
Reserves and Resources: See our latest ASX JORC Announcement
Exploration status: Early feasibility studies
Yamala is held in joint venture with CHR Emerald Pty Ltd, a subsidiary of Sojitz Coal Resource Pty Ltd (Sojitz). Sojitz hold 30% with the remainder held by New Hope through its subsidiary Yamala Coal Pty Ltd.
Yamala is located 6km to the west of Comet in the Central Bowen Basin, approximately mid-way between Emerald and Blackwater and just south of the Capricorn Highway. The target coal is a strike continuum of the coal sequences defined in the Ensham and Togara North projects.
The majority of the area is semi-arable grazing land with little vegetation.
Environmentally sensitive areas have been quarantined from exploration activities. Groundwater and other environmental studies will commence once the viability of the resource has been confirmed.
Exploration activities have been carried out under access and compensation arrangements with landholders.
Yamala is located within the southern central Bowen Basin on the western flank of the comet ridge. The Rangal Coal Measures sub crop within the project area for a strike of approximately 15km. Three seams of potential economic interest have been identified within the tenement, all of which are within the Rangal coal measures sequence. These seams and their typical thickness are Aires 1 (0.50m); Aires 2 (1.8-2m); and Castor 1 (0.5-0.9m).