Gullewa Limited · ASX:GUL
Gullewa — Mineral & Coal Investments — Excellence in Mining & Exploration (September 2010)
20 slides from Gullewa's conference presentation, Sep 21, 2010
Slide 1: Presentation to Excellence in Mining & Exploration
Mineral & Coal Investments Pty Ltd Presentation to Excellence in Mining & Exploration 21st September 2010 Colin Randall Managing Director Mineral & Coal Investments Pty Ltd
Slide 2: Shareholders
Mineral & Coal Investments Pty Ltd Shareholders Gullewa Limited (GUL) 80% C Randall and Associates Pty Ltd 20% Extensive Coal Property Portfolio comprising 11 Exploration Licences in Queensland. Targeting Coking, Thermal and PCI coals in Established and Greenfields areas.
Slide 3: Areas distributed in basins
Mineral & Coal Investments Pty Ltd Nine EPC’s granted Two under Application Comprises 714 Sub-blocks 2 Covers 2,243 km Areas distributed in: Bowen Basin Surat Basin Laura Basin Townsville Basin Calen Basin Mulgildie Basin
Slide 4: Number and Total Area Distribution Geological Setting
Number and Total Area 11 Areas 756 Sub-blocks 2,243 km2 Distribution Cooktown in the north to Wandoan in the south Geological Setting Laura Basin Townsville Basin Calen Basin Bowen Basin Mulgildie Basin Surat Basin Exploration Potential Varies from areas with known coal to frontier exploration areas
Slide 5: Northern Queensland Areas
NORTHERN QUEENSLAND AREAS EPC 1875, 1874, Thermal and Coking coal potential in the Laura Basin EPC 1492, 1617, 1631, 1820 UG Thermal and Coking coal potential in the Bowen & Calen Basins
Slide 6: Southern Queensland Areas
EPC 1296, 1298, 1672 UG Thermal and Coking coal potential in Bowen & Mulgildie Basins EPC 1297 – Back Creek Area Open pit Thermal SOUTHERN coal exploration QUEENSLAND AREAS target in Surat Basin
Slide 7: EPC 1297 Back Creek: Location, Status, Surface
Location 45 km SE of Wandoan 20 Sub-blocks (62 km2) Near “missing link” rail to Gladstone Close to recently defined open pit resources Status Granted 22 March 2010 Open pit exploration target of up to 60Mt recognised by Runge EPC 1297 BACK CREEK Surface RESOURCE POTENTIAL Primarily freehol
Slide 8: EPC 1297 Strike along the Pelham Seam
EPC 1297 contains 20 km of Strike along the productive Pelham Seam, in the lower part of Taroom Coal Measures
Slide 9: Previous Exploration, Geology, Proposed Exploration
Previous Exploration Shell/Oilmin – ATP 312 P 16 open holes with significant coal intervals, some log data Geology One principal seam identified to date – Pelham seam Gentle SW 1-3 deg dip Sub crops through entire area over strike length of 20 km Potential for extensive areas of 2- 5m thick coal sea
Slide 10: Location Status Surface
Location 75 km SE of Emerald 16 Sub-blocks (50 km2) Status Granted Surface Freehold Work programme $75k 2 years Rail 18km Geology and Exploration SW Bowen Basin Underground Rangal Coal Measures Limited previous exploration
Slide 11: Previous Exploration and Principal Stratigraphic Units
Principal Stratigraphic Units Previous Exploration One hole NS168 - six seams AGE GEOLOGICAL UNIT 0.3m to 1.89m thick At depths of 419 to 503 m Quaternary Alluvial Silts and Sands Tertiary UNDIFFERENTIATED SEDIMENTS Unconformity Exploration Potential Triassic REWAN FORMATION Substantial underground
Slide 12: Location Status Surface
Location 65 km SSE of Emerald 40 Sub-blocks (123 km2) Status Granted Surface Freehold Work programme $75k 2 years Geology and Rail 21km Exploration SW Bowen Basin Contains formations known to be coal bearing elsewhere No significant previous exploration
Slide 13: Target Sequence, Coal Type, Mining Potential
Target Sequence Basal Colinlea Sandstone Jochmus Sandstone Target Coal Type Thermal Coal Mining Potential Most likely underground but has open cut possibilities
Slide 14: Location Status Surface
Location West and South of Townsville 219 Sub-blocks 679 km2 Status Granted Surface Primarily Freehold Work programme $900k 5 years Geology and Exploration Northern extension of Bowen Basin Very limited previous exploration Known Permian coal occurrences up to 2m Possibly coking coal
Slide 15: EPC 1492 Carbonaceous Outcrop
EPC 1492 CARBONACEOUS OUTCROP IN ROSENEATH QUARRY ag RoseNEnre QURRP
Slide 16: Location Status Surface
Location West of Mackay to 55 km NW of Mackay CS 52 Sub-blocks (161 km2) B 7 Sub-blocks (53 km2) Status Granted Surface Primarily Freehold Work programme CS $75k 2 years B $300k 5 years Geology and Exploration Lower Permian Calen Coal Measures Very limited pervious exploration Known Permian coal occ
Slide 17: Sequence affected by folding and faulting
Sequence affected by folding and faulting Seams up to 2.6 m thick mined previously Low volatile thermal coal or PCI Principal target moderate to Rail small underground resource Given location resource of this type and rank potentially economic
Slide 18: Location Status Surface
Location 290 km NW Brisbane 47 Sub-blocks 146 km2 Status Granted Surface Primarily Freehold Work programme $300k 5 years Geology and Exploration Mulgildie Basin Walloon equivalent Monto CM Exploration Target Extension of known coal occurrences to the north Follow-up on reported coal occurrences from
Slide 19: Location Status Surface
Location 40 km SW of Cooktown 86 Sub-blocks (267 km2) Status Application Surface Primarily Freehold Work programme $500k 5 years Geology and Exploration Late Permian Normanby Formation Very limited previous exploration Exploration Target High rank thermal coal or PCI
Slide 20: Location Status Surface
Location 100 km W of Cooktown 217 Sub-blocks (670 km2) (Large Area) Status Application Surface Primarily Leasehold Work programme $915k 5 years Geology and Exploration Late Permian Normanby Formation Very limited previous exploration Exploration Target High rank thermal coal or PCI
Mineral & Coal Investments — Excellence in Mining & Exploration (September 2010) on 6ix