About the Asset
Malabar holds an exploration licence (EL 7429) over a 33 km2 area of land to the west of the the Maxwell Underground Project, known as the Spur Hill Underground Coking Project (Spur Hill Underground).
|Lease||JORC Resources (Millions of tonnes)|
|Measured and Indicated||Inferred||Total|
|EL7429 (Spur Hill)||394||232||626|
Malabar is currently undertaking exploration studies and detailed technical work to determine the next steps in developing the project.
Spur Hill Management Pty Ltd (SHM) manages environmental studies and approvals on behalf of the joint venture between Spur Hill U.T. Pty Ltd and Malabar Coal Ltd.
Approvals for exploration activities are obtained in accordance with the conditions of Exploration Licence (EL) 7429. SHM is seeking approval for the Spur Hill Underground Coking Coal Project under NSW legislation (Environmental Planning and Assessment Act, 1979) and Commonwealth legislation (Environment Protection and Biodiversity Conservation Act, 1999).