Huguenot Property 2020 PEA Highlights slide image

Huguenot Property 2020 PEA Highlights

Colonial Projects Overview: Huguenot Project Coal Quality Comparison CIC The Huguenot Project is projected to produce a clean premium hard coking coal (HCC) product with low ash, low sulfur, low phosphorus, and High FSI Coal Quality Comparison: Huguenot HCC VS. Canadian Export Coking Coals Huguenot HCC¹ Canadian NEBC HCC² Canadian SEBC HCC² Total Moisture (% as received) 8-9 8 Volatile Matter (% air dry) Ash Content (% air dry) Sulphur Content (% air dry) 22.5-23.5 23.0 - 24.5 21.0 - 27.0 8.50 -9.00 8.25 -8.60 8.50 -9.60 0.40 0.45 -0.55 0.35 -0.75 Free Swelling Index (FSI) 6.5-7 7-8 Mean Max Reflectance of Vitrinite (%) 1.15 -1.20 1.15 - 1.25 6-8 1.08 -1.35 Maximum Fluidity (ddpm) 100 150 - 300 40 - 300 Phosphorus in Coal (% dry) 0.044 0.008 0.040 0.010 - 0.065 Base/Acid Ratio of Ash 0.08 -0.10 0.12 0.18 0.07 -0.10 Coke Strength after Reaction (CSR) 60-65 58 - 60 68-72 TSX-V: CAD 1 NEBC Northeast British SEBC Southeast British Columbia Columbia Results based on full washing plant under operating conditions. 2 Results based on laboratory scale washing and testing of exploration samples. Data Source: Kobie Koornhof Associates Inc. www.ccoal.ca 14
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