Investor Presentaiton
Reserves and
and Resources
Large reserve base, favourable IUP licensing and long remaining reserve life provides a solid growth outlook
PT. BAYAN RESOURCES TBK & SUBSIDIARIES
JORC RESERVES AND RESOURCES
As at 1st January 2021
JORC (2012) Reserves
Mineable Pit @ $80/t (@ 6,322 GAR) used for JORC Reserves³
JORC (2012) Resources
Project
Area Size Proved Probable Total
(Hectare)
CV
TM
IM
Ash
RD
Quantity
Million Tonnes
Kcal/kg
GAR
%
%
%
(ar)
(adb) (adb)
Sulphur gr/cc
(insitu).
Million
Tonnes
Stripping
Ratio
BCM/t
CV
Kcal/kg
GAR
TM
Ash
%
%
(ar)
(adb)
Total
Sulphur
%
Measured Indicated Inferred
Million Tonnes
Total
CV
Kcal/kg %
GAR
TM
IM
%
(ar) (adb) (adb)
(adb)
Ash Total
% Sulphur gr/cc
% (insitu)
(adb)
RD
Tabang/North Pakar Project
PT. Fajar Sakti Prima
Tabang
3,775
82
111
193
4,340 32.7%
PT. Bara Tabang
3,015
228
64
292
4,270 34.3%
PT. Tiwa Abadi³
4,996
286
197
483
4,180 34.5%
22.8%
24.3%
23.0%
5.9% 0.11% 1.28
201
5.7
4,340
32.6%
5.9%
0.12%
111
201
6
3.3% 0.11% 1.27
297
2.4
4,260
34.1%
3.6%
0.11%
242
78
༈
8
317
328
4.370
4,275
32.8% 21.8%
34.3% 24.0%
5.4% 0.12% 1.27
3.3% 0.11% 1.27
4.6% 0.11% 1.28
602
4.2
4,150
34:8%
4.7%
0.11%
377
289
294
959
North
PT. Tanur Jaya
5,000
275
115
390
3,990 37.5% 20.0%
Pakar
PT. Dermaga Energi³
3,784
80
37
117
Total
20,570
951
524
1,475
3,680 42.8% 18.5% 5.2%
4,129 35.7% 22.1% 4.6%
4.9% 0.10% 1.28
0.13% 1.28
0.11% 1.28
447
3.7
4,000
37.4%
4.8%
0.10%
302
157
215
674
172
2.8
3,710
42.1%
5.4%
0.13%
82
55
76
213
1,719
3.8
4,110
35.9%
4.8%
0.11%
1,114
779
599
2,491
4,116
4,150 34.6% 22.7% 4.9% 0.11% 1.29
4,000 37.5% 20.2% 4.8% 0.11% 1.26
3,705 42.2% 18.4% 5.5% 0.13% 1.22
35.8% 21.7% 4.8% 0.11% 1.27
BAS & South Pakar
PT. Brian Anjat Sentosa¹
BAS
4,025
5
in
5
3,520 42.6% 28.7% 7.7%
0.16%
1.24
5.
4.1
3,520
42.6%
7.7%
·0.20%
18
19
34
37
3,850
40.3% 28.7%
4.8% 0.14% 1.24
PT. Orkida Makmur
1,061
PT. Sumber Api¹
2,364
5
5
PT. Cahaya Alam¹
South
3,457
65
65
PT. Bara Sejati¹
Pakar
2,981
147
147
3,130 46.5% 14.4% 7.1% 0.21%
2,930 50.1% 13.5% 7.2%
2,980 50.0% 13.5% 6.8%
1.22.
0.19% 1.221
0.18% 1.22
156
585
2.6
78.
2.0
2.0
222
3,150
46.5%
7.2%
0.21%.
12
2,940
50.5%
7.3%
0.19%
112
75
2,980
50.0%
6.9%
0.18%
193
45
255
9
བསྐྲ
21
187
238
3,200 46.3% 13.4%
3,135 48.0% 13.3%
3,030 49.7% 13.2%
6.3% 0.22% 1.22
5.9% 0.22% 1.21
6.0% 0.19% 1.20
PT. Apira Utama
1,714
PT. Silau Kencana
4,774
20,376
222
222
2,981
49.8% 13.9%
6.9%
0.18% 1.22
244
2.1
2,982
49.9%
7.1%
0
335
148
483
3,141 48.2% 14.4%
5.9%
0 1.21
Total
Other Mines
PT. Perkasa Inakakerta¹
PIK
19,050
PT. Wahana Baratama Mining (Open Pit)¹
PT. Wahana Baratama Mining (Open Pit)²
WBM
7,811
16
11
8
19
4,480
6.
12
6,760
31.4% 19.4% 4.5%
7.2% 4.9% 9.9%
1:53% 1.27
0.60% 1.31
22
19
8.2
4,520
31.7%
4.6%
1.56%
23
81
12
13.1
6,760
7.2%
9.9%
0.60%
47
41
23
22
3
126
91
4,475 33.1% 18.8%
6,590 7.1% 4.8%
4.1% 1.47% 1.27
8.9% 0.64% 1.31
PT. Wahana Baratama Mining (Underground)
PT. Teguh Sinarabadi¹
PT. Firman Ketaun Perkasa¹
0.0%
0.0%
0.00%
43
125
62
230
TSA/FKP
3,505
3
0°
4
5,890
2,490
1
5.
6
5,870
15.4% 12.6% 5.3% 0.96% 1.29
15.3% 12.7% 5.1% 0:96% 1.27
4
14.5
5,644
16.3%
5.3%
1.00%
22
43
8
73
8
13.4
5,623
16.3%
5.2%
1.00%
23
59
17
99
6,809
6,070
5,900
6.1% 4.4% 9.4% 0.60% 1.33
15.7% 12.5% 4.8% 0.97% 1.30
17.0% 14.0% 4.7% 0.91% 1.30
PT. Firman Ketaun Perkasa - West Block
FKP West
10,220
PT. Gunungbayan Pratamacoal Block I
PT. Gunungbayan Pratamacoal Block II
8,365
GBP
11,910
PT. Mamahak Coal Mining?
4,996
8
4
14
7,080
4.8%
2.0% 11.6% 1.62% 1.33
PT. Mahakam Bara Energi
5,000
Mamahak
PT. Mahakam Energi Lestari
5,000
PT. Bara Karsa Lestari
7,000
Total
Grand Total
Notes:
85,347
22
19.
41
5,476
20.5% 13.6%
6.2% 1.12% 1.28.
44
.11.1
5,448
20.7%
6.2%
1.14%
160
357
116
634
6,090
126,293
973
765
1,738
4,014
37.1% 20.8% 5.0% 0.14%
1.27
2,007
3.8
4,002
37.3%
5.1%
0.14%
1,274
1,471
863
3,608
4.332
14.4% 9.7% 7.0% 0.89% 1.31
33.7% 18.6%
5.3% 0.26% 1.27
Reserves and Resources statement as prepared by PT. Runge PincockMinarco ("RPM") to JORC (2012) standard as at 1 January 2019, long-term coal price used US$80.0 per tonne (6,322 Kcal/kg GAR). Resources are inclusive of Reserves: 2019 and 2020 Actual Production has been deducted from Proved Reserves and Measured Resources to determine
position as at 1 January 2021.
2 Statement of Open Cut Coal Resources as prepared by PT. New Resource Mine Consulting to JORC (2012) Standard as at 28 February 2015. There has been no mining on this concession since this date.
Mineable Pit quantities and stripping ratio are based on practical pit shell and not reserves
4 Wahana Underground Resources statement as prepared by SRK Consulting China Ltd. ("SRK") to JORC 2012 standard as at 30 September 2019.
Reserves and Resources statement as prepared by PT. Runge PincockMinarco ("RPM") to JORC (2012) standard as at 1 January 2021, long-term coal price used US$80.0 per tonne (6,322 Kcal/kg GAR). Resources are inclusive of Reserves.
RPM advise that the difference between Mineable Pit quantities and Total Coal Reserves is the inclusion of Inferred category of Coal Resource.. In the Total Coal Reserve estimate, Inferred Resources have been treated as waste and therefore assigned the full value of waste costs and no revenue.
Please refer to the Statement of Coal Resources and Statement of Coal Reserves (as at 1 January 2021) that provide more detail on the Resources and Reserves, and which include full copies of the Table 1 Reports per JORC (2012). This information can be accessed through the following hyperlink: CLICK HERE
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