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Please click here to view the The Waterberg Coal Company Limited's most recent presentation (dated 9th October 2014)
Waterberg Coal Project Joint Venture
The Waterberg Coal Company Limited is the lead and managing partner in the Waterberg Coal Project joint venture, situated in the Limpopo Province, South Africa. The Project currently has identified coal resources of 3.883 billion tonnes1 of coal contained within the granted mining rights; of which 2.070 Billion tonnes are contained within the measured category1.
South Australian Tenements
The Waterberg Coal Company Limited is the 100% registered holder of the Tenements, being the exploration licences EL 3994 (Lyons) and EL 4197 (Glenloth) located in South Australia.
Note 1: Competent Person Statement
Gemecs (Pty) Limited was commissioned by the Waterberg Coal Company "WCC", to undertake an Updated Independent Persons Geological Report for the Sekoko Waterberg Coal Project.
The Coal Resources were estimated in accordance with the South African code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves (“SAMREC Code”), Australasian Code for Reporting of Exploration Results. Mineral Resources and Ore Reserves (“the JORC Code”) and South African National Standard (SANS 10320:2004) guidelines.
The information that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Coenraad D van Niekerk, Pr.Sci.Nat (Reg. No 400066/98), M.Sc Hons (Geology), MDP, an employee of Gemecs (Pty) Limited, who is a Fellow of the Geological Society of South Africa. Mr Niekerk is a mining geologist with 38 years’ experience in the mining industry, sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Niekerk consents to the inclusion of the matters based on this information in the form and context in which it appears.