Stanmore Resources Limited (ASX: $SMR) is pleased to announce an updated summary of the Company's Coal Resources and Coal Reserves for the period ending December 31, 2023. The Company's Coal Resources across all controlled tenements now stand at 4.125 billion tonnes, with Total Coal Reserves (ROM) formally declared and published at 372 million tonnes, and Total Marketable Coal Reserves at 281 million tonnes.
The Company is pleased to provide an updated summary statement of Coal Resources & Reserves, reflecting the period ended December 31, 2023. This update includes new exploration data and updated models for South Walker Creek Mine and Poitrel Mine, with the MRA2C area in South Walker Creek moving to execution design. The Company confirms that for its JORC 2012 Coal Resources and Coal Reserves, it is not aware of any new information or data that materially affects the information included in those Coal Resources and Coal Reserves.
Stanmore Resources Limited (ASX: $SMR) has reported an update on its Coal Resources and Coal Reserves, with Coal Resources across all controlled tenements now at 4.125 billion tonnes. The Company's focus on the efficient operation of its mining assets and the identification of further development opportunities within the region reflects its commitment to creating shareholder value. As the Company continues its work on the relevant projects, the Coal Resources, Coal Reserves, and Marketable Coal Reserves will be updated to meet the standard of the latest version of the JORC Code as applicable.