Investor Presentaiton

Maryborough Project • The Maryborough Project contains two exploration projects (EPC 1872 and EPC 2003) • Q The primary exploration target within the Maryborough Project is the Burrum Coal Measures, which shall be explored in the hope that the area contains a potential open cut and underground mineable resource of low ash, high energy coal and high quality coking coal. Close to the Northern Rail Line which joins onto the main Blackwater Rail System which feeds the Gladstones Ports and the Wiggins Island Coal Export Terminal • The borehole B001C was drilled between EPCA 1872 and EPCA 2003 and contained 5.5 metres net thickness of coal. The basal seam intersected was 4.38m in thickness at less than 50m depth Further south-east in the Maryborough Basin, Northern Energy Corporation Ltd announced in January 2010 an Inferred resource of approximately 57 million tonnes of hard coking coal at the planned Colton Mine. Coal quality data suggest a high volatile coking coal and high volatile thermal coal product. The properties of the high volatile coking coal include low ash (<10%), and high CSN (>6 typically 8.5). The high volatile thermal coal has medium ash (<15%). 21 21 Guildford Coal

View entire presentation