Mining Intelligence and News
Canada

Crown Mountain Project

Click for more information

Categories

Overview

Mine TypeOpen Pit
StagePermitting
Commodities
  • Coal (metallurgical)
  • Coal (hard coking)
  • Coal (PCI)
Mining Method
  • Truck & Shovel / Loader
Mine Life... Lock
SnapshotThe Crown Mountain Hard Coking Coal Project has been advanced through exploration and coal quality work, Preliminary Economic Assessment, a PreFeasibility Study completed in 2014, an Updated Pre-Feasibility in 2017, the release of the Bankable Feasibility Study (BFS) in July 2020 and the Yield Optimisation Study completed in Aug 2021.

The Company completed all environmental technical studies including baseline work, terrestrial modelling, flora and fauna studies, air, ground water and surface water modelling completed in June 2021.

The EA Application was completed in April 2022 and submitted to the Impact Assessment Agency of Canada (IAAC) for review. It is anticipated that the formal technical review of the Application will commence in late 2023.

Owners

SourceSource
CompanyInterestOwnership
Bathurst Resources Ltd. 22.06 % Indirect
Jameson Resources Ltd. 77.94 % Indirect
Crown Mountain is 90% owned by Jameson’s Canadian Subsidiary, NWP Coal Canada Ltd (“NWP”) that is 77.94% owned by Jameson and 22.06% by Bathurst Resources Limited (ASX:BRL).

Contractors

Lock

- subscription is required.

Deposit type

  • Sedimentary

Summary:

The Crown Mountain Coal project lies within the Elk Valley coal field in southeast British Columbia, Canada.

The property is divided into three structural domains with separate geological attributes. The domains are referred to as the North Block, South Block and the Southern Extension Block. The Crown Mountain thrust fault (“CMF”) separates the North Block from the South Block. The Southern Extension Block is not part of the BFS.

Coal seams are hosted within the Jurassic to Lower Cretaceous Mist Mountain Formation. The coal bearing Mist Mountain Formation is underlain by the Morrissey Formation which includes the regional cliff forming Moose Mountain Member.

Drilling has intersected three principal seams, named Seam 8, Seam 9 and Seam 10. The Seam 8 and 10 consist of three major plies – Upper, Middle and Lower. The term major seam has been defined to include all seven seams in order to distinguish them from other coal horizons referred to as rider seams.

The seven major seams have combined average net coal zone thickness of 28.0m in the North Block and 14.5m in the South Block.

Dimensions
The Crown Mountain property is divided into two distinct structural domains separated by a northerly trending thrust fault or CMF. There are three prospects within the project area, the “North Block” which is positioned above the CMF and the “South Block” and “Southern Extension” which are both below the CMF. The “Southern Extension” is excluded from the current study.

Strike lengths for each of the three prospects are: North Block – 1.5km, South Block - 4.4km and Southern Extension – 4.1km.

The major seams in the North Block are structurally bound within a south plunging syncline, extending from surface to a maximum depth of 155m. Coal seams in the South Block extend from surface to a maximum depth of 150m and are structurally bound within a syncline that has been truncated by the thrust fault and only the east limb of the syncline remains.

The Southern Extension is a continuation of the South Block coal measures. Based on structural mapping, there is evidence for increased structural complexity.

Reserves

Lock

- subscription is required.

Mining Methods

Lock

- subscription is required.

Comminution

Crushers and Mills

Lock

- subscription is required.

Processing

Lock

- subscription is required.

Production

LOM Processing Yield is 52.9%
CommodityUnitsAvg. AnnualLOM
Coal (hard coking) Mt 25
Coal (PCI) Mt 3.8
Coal (metallurgical & thermal) Mt 228
All production numbers are expressed as clean coal.

Operational metrics

Metrics
ROM coal, LOM  ....  Subscribe
Stripping / waste ratio  ....  Subscribe
Plant annual capacity  ....  Subscribe  ....  Subscribe
Raw coal annual capacity  ....  Subscribe  ....  Subscribe
Waste  ....  Subscribe  ....  Subscribe
* According to 2021 study.

Production Costs

CommodityUnitsAverage
Cash costs Coal (hard coking) USD  ....  Subscribe
Total cash costs Coal (hard coking) USD  ....  Subscribe
Assumed price Coal (hard coking) USD  ....  Subscribe
* According to 2021 study / presentation.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M USD  ......  Subscribe
Equipment leasing costs $M USD  ......  Subscribe
Sustaining CapEx $M USD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M USD  ......  Subscribe
After-tax Cash Flow (LOM) $M USD  ......  Subscribe
Pre-tax NPV @ 10% $M USD  ......  Subscribe
After-tax NPV @ 10% $M USD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe

Required Heavy Mobile Equipment

Lock

- subscription is required.

Personnel

Mine Management

Job TitleNamePhoneProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 20, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2023
....................... Subscription required ....................... Subscription required ........... Subscription required Subscription required Nov 20, 2023

EmployeesYear
...... Subscription required 2020

Aerial view:

Lock

- subscription is required.