7.12 SPOTLIGHT

7.12 SPOTLIGHT

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MEMBERSHIP
Spotlight on BCIA Member

Mantle Mining Corporation Limited

Mantle Mining Corporation Limited (Mantle) is an Australian based minerals exploration company focused on the exploration and development of coal and gold deposits in Eastern Australia. Mantle was incorporated in 2003 and listed on the ASX in 2006.

Mantle’s senior management has been directly involved in the Victorian brown coal industry for over 10 years and the Australian black coal industry for over 30 years.

Mantle’s contacts for the Victorian projects are:


Ian R. Kraemer – B.Sc., M.Sc., FAusIMM, Managing Director


Ian has an extensive background in the resources sector with over 20 years’ professional experience in the exploration, acquisition, construction and operation of diverse mining projects in the coal, gold and nickel sectors. Ian has had lengthy experience in Australian and US coal mines and holds First and Second Class Coal Mine Manager’s Certificates in QLD and NSW.

Mark Maxwell – B.Sc., M.E.C., MAusIMM, Exploration Manager Coal
Mark has over 20 years’ experience in the operation and maintenance of coal fired power stations and more recently 9 years’ experience in the coal mining industry and Geological Survey of Queensland as a coal geologist, technical services manager and project leader (geothermal and carbon geo-sequestration drilling).

Mantle’s principal activities are to acquire exploration tenements and locate economically developable deposits of coal and gold. It is Mantle’s intention to progress these mineral deposits through feasibility and into mining operations, to the benefit of all stakeholders. The Company has 6 exploration projects spread across Victoria and Queensland (Figure 1).

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Figure 1 – Mantle’s project locations

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Figure 2 – Bacchus Marsh tenements

Two of these projects are focused on reduced emission, domestic and export, brown coal upgrading in Victoria. The Bacchus Marsh coal project, located approximately 50 km north of the port of Geelong, and the Latrobe Valley coal project, located approximately 150 km east of Melbourne, are considered by Mantle as being high priority pre-development projects of global significance.

Bacchus Marsh

At the Bacchus Marsh Coal Project, Mantle is focused on developing Australia’s first brown coal upgrade and export project.

Mantle completed a 15 hole diamond drilling program in June 2012, along with the associated sample analysis and resource modelling for the project.

To accomplish its project goals at Bacchus Marsh, Mantle has also entered into a joint venture with Exergen Pty Ltd, a private Australian technology company. Mantle and Exergen now each hold a 50% interest in Exploration Licences 5294 and 5323.

Exergen has developed a breakthrough brown coal dewatering and upgrade technology called Continuous Hydro-Thermal Dewatering (CHTD). CHTD upgrades low rank coal with high moisture content in an economic and efficient manner, thereby adding significant value to those resources.

Potential products from the CHTD process include upgraded pulverized fuel for local use, Direct Injection Coal Engine (DICE) fuel and upgraded coal/water slurry suitable for long distance transport or briquetting via a secondary pressing operation.


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Figure 3 – Latrobe Valley tenements

Latrobe Valley

Mantle’s Latrobe Valley Project tenements (outlined in red in Figure 3) are highly prospective for deposits of brown coal as well as containing deeper black coal deposits.

Mantle seeks to partner with brown coal upgrading technology companies and apply that technology to develop domestic and export coal market opportunities from the resources available in the Latrobe Valley.

The Latrobe Valley brown and black coal deposits have been modelled with cross sections constructed for the section lines also shown in Figure 3. This data will assist in the current planning underway for exploration on the first granted tenement and for future work in the other tenements.

This work is leading into a holistic approach to exploration in the Latrobe Valley by accessing both near-to-surface brown coals and deeper underground black coals.





For more information, visit www.mantlemining.com






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