Geology of the Properties The geology of the properties is consistent with regional structural trends. In Maryland, the local Casselman synclinal fold is evident in the Casselman mine. Coal seams of economic importance on the properties typically range from 1 foot to 6 feet in thickness and are primarily low-volatile in rank. There are 11 coal seams on the properties that demonstrate reserve or resource potential including, in descending stratigraphic order: Sewickley, Redstone, Pittsburgh, Bakerstown, Upper Freeport, Lower Freeport, Upper Kittanning, Middle Kittanning, Lower Kittanning, Brookville, and Mercer. Mineralization Mineable coal seams within the properties are typically low-ash, low to high-sulfur, and high-thermal content bituminous coals. Regionally, the coals are typically low-volatile in rank, with rank increasing from west to east. The maximum seam thickness may reach over 6.0 feet where multiple coal benches occur in proximity to one another; however, the average mineable thickness of the seams in this evaluation generally ranges from 1 foot to 4 feet. Seams are generally continuous but may be locally absent. Secondary discontinuity due to erosional features is present in most areas, resulting in seam outcropping, or visible exposure of the seam at the surface. Other than oxidation of the coal exposed at the surface, erosion of the seams has no significant impact on the mineralized deposits. Mineable seams associated with the properties are generally outcro ........

The Rhoads is an inactive surface coal mine which is located in Somerset County, Pennsylvania. Mineable coal reserves are represented via areas of Upper, Middle and Lower Kittanning Seams. Approximately 70 percent of coal production from this property could potentially enter the metallurgical coal market, with the remainder going to the steam market. Surface mining ratios of approximately 11.2:1 are estimated within the reserve area. The Rhoads mine will use contour and/or area removal and auger mining methods. Rhoads is scheduled to operate from 2029 to 2031. Expected production for the operations totals approximately 235,000 marketable tons. Rhoads auger operates in 2029 to 2031 and mines an additional 36,000 marketable tons. The proposed surface mines are planned to be operated by a mobile equipment spread built around Hitachi EX3600 or Komatsu PC 2000 shovels as the principal excavators. The Hitachi and Komatsu shovels are supported with a fleet of equipment including: - Caterpillar 785 and 777 Rock Trucks; - Caterpillar D11 Tractors; - Caterpillar 16M Road Graders; and - Other support equipment including backhoes and service trucks.

Corsa preparation facilities have raw coal handling systems consisting of a rotary breaker and screen used to remove large rock and size raw coal.

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