HolGoun Coking Coal Project

HolGoun Energy (Pty) Ltd is the holder of a prospecting right for coal in an area covering ~14,200 hectares in the Limpopo Province, 100 kilometres north of Gauteng.

HolGoun holds the data to extensive exploration that was conducted in the area during the early 1980’s. HolGoun has conducted conceptual studies on the property and a SAMREC compliant resource containing 60 million tonnes of coking coal has been identified in the prospecting area with the potential to develop an underground mine producing 0.7 million tonnes per annum of a semi soft blend coking coal and 0.6 million tonnes per annum of steam coal.

This project is in the early pre-feasibility phase and further drilling is planned for 2014.

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