Tag Archives: Deswik Mining Consultants

Deswik JORC reserve update provides another 10 years of life at TerraCom’s Blair Athol

TerraCom Ltd has extended the life of the Blair Athol Mine in Australia following a coal reserve update that has brought total JORC marketable reserves to 19.5 Mt.

The company engaged Deswik Mining Consultants to complete a revised JORC assessment of the operation in Clermont, Queensland.

As of June 30, the total reserve of 19.5 Mt and the company’s 2 Mt/y sales profile would see the operation extended for approximately a further 10 years, TerraCom said.

Executive Chairman, Craig Ransley, said: “This latest JORC reserve result means that the Blair Athol operation will effectively be able to operate for 14 years under TerraCom ownership (since acquisition in May 2017).”