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  ABADI COAL PROJECT

" In its relatively short period Coal FE Resources has achieved a number of significant milestones. The most obvious one has been its success in accumulating a large exploration tenement position with known and establish coal resources in Indonesia"

I look forward to welcome you as a shareholders and together with your financial support we shall build up this Company and realise its vision and mission.

Chairman

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Abadi Project

The Abadi Project is located in the district of Muara Badak and Anggana, in the sub-province of Kutai Kartanegara which is in the province of East Kalimantan. The general survey covers an area of 1,017 hectares.  The results from the general survey based upon outcrops and test pits show that there are 10 seams of coal.

Key summary points of the Abadi Project are:

  • It has an exploration licence over 1,017 hectares of land.
  • Preliminary assaying indicates that the coal in the Abadi Project area in East Kalimantan ranges from 5,500 to 5,800 Kcal/kg.
  • It takes approximately 1 hour by road to reach the Abadi Project from Samarinda Town.  The nearest jetty for transportation of coal utilising the Mahakam River is approximately 40km away.

The coal quality are as follows:

Abadi Coal Analysis

 

 

Total Moisture (ar)

%

44.9

Inherent Moisture (adb)

%

12.5 – 19.9

Volatile Matter (adb)

%

46.3

Fixed Carbon (adb)

%

39.2

Sulphur (adb)

%

0.33 – 1.9

Gross Calorific Value                                          : Kcal/Kg                                 6.300

Kcal/kg

5,642 – 5,677

adb: air dried basis;ar: as received

  

Figure 8: Coal trench showing coal seam in the Abadi Project

 

Figure 9: Test pit showing the presence of coal in the Abadi Project

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