2024 Annual Coal Resources and Reserve Summary

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Stock Stanmore Resources Ltd (SMR.ASX)
Release Time 24 Feb 2025, 8:56 a.m.
Price Sensitive Yes
 Stanmore Resources Announces 2024 Coal Resources and Reserves
Key Points
  • Coal Resources across all controlled tenements now 5.129 billion tonnes
  • Coal Reserves (ROM) now 534 million tonnes, Marketable Coal Reserves 360 million tonnes
  • Resources increased by 1,608 million tonnes following acquisitions, decreased by 681 million tonnes following sale
Full Summary

Stanmore Resources Limited has announced an updated summary of the Company's Coal Resources and Coal Reserves for the period ending December 31, 2024. The key highlights include: Coal Resources across all controlled tenements is now 5.129 billion tonnes, an increase of 1,608 million tonnes following the Eagle Downs and Eagle Downs South acquisitions, offset by a decrease of 681 million tonnes following the sale of the southern tenements of Wards Well. Coal Reserves (ROM) across all controlled tenements are now 534 million tonnes and Total Marketable Coal Reserves are now 360 million tonnes. The Company confirms that it is not aware of any new information or data that materially affects the previously reported Coal Resources and Coal Reserves, and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The report provides detailed tables outlining the Coal Resources and Reserves for the Company's various projects, along with statements from the Competent Persons responsible for compiling the information.