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In Australia, in addition to our Corporate Blair Athol Coal Mine location, TerraCom owns several other coal projects including the high energy prime thermal coal Springsure Project (87% ownership), the thermal Clyde Park Coal Project (64.4% ownership), the coking Sierra Coal Project (100% ownership), the large thermal coal Northern Galilee Project (100% ownership) and Spear Creek Project (100% ownership), situated in Queensland, Australia.

TerraCom has successfully delineated substantial coal resources, with a combined JORC in excess of 2.1Mt of coal within the Springsure, Clyde Park Coal and Northern Galilee projects. These opportunities are suitable for open pit and underground mining methods.