Bathurst Resources (BTU)

Shares / Stock Code

BTU

Stock Exchange / Sharemarket

Australian Securities Exchange

Bathurst Resources (BTU) operates in the resources sector with its primary focus on exploring and acquiring resource projects in Australia that can create value for the Company and its shareholders. Bathurst Resources listed on the ASX on 19th December, 2007. On 8 September 2008, BTU completely purchased the C&R Holding of Eastern Kentucky, LLC (“C&R”) which operates coal mining projects in Kentucky USA. At present the Resource/Reserve position and production profile of C&R are modest. BTU’s focus is to increase the production profile of C&R and to build a substantial coal resource inventory in the Appalachian Basin by expanding the existing projects and acquiring additional projects. The Appalachian Basin is a key coal producing region in USA, hosting a prolific source of coal with over 30 billion tones of coal being produced in the past.

C&R’s coal assets portfolio include leases covering coal rights over four project areas in eastern Kentucky at the Tarkiln, Feds Creek, Mill Creek and Gibraltar Projects, and Mining permits secured on the Tarkiln, Feds Creek and Mill Creek Projects. The Company is expecting a permit to be granted on the Gibraltar Project within the approaching months. C&R’s Tarkiln Project is presently ramping up to full capacity of 40,000 tonnes per month. C&R is targeting ramp up at the Feds Creek Project to more than 10,000 tonnes per month of metallurgical coal in the coming months. C&R’s both Mill Creek and Gibraltar Projects have capacity of producing 15,000 tonnes of thermal coal per month. BTU is focused on acquiring further resource assets, both within and outside the area of the Company’s existing projects.

Bathurst Resources (BTU) Products and Services

  • Gold
  • Nickel
  • Base metals

Bathurst Resources (BTU) Locations and Subsidiaries

Bathurst Resources Head Office
Suite 2, Mezzanine Floor, 35-37 Havelock Street
West Perth, WA, Australia, 6005
Phone: 61 8 9322 2700
Fax: 61 8 9322 7211
Email: info@bathurstresources.com.au

Other Bathurst Resources Details

Bathurst Resources Year Established: 2007
ACN: 125 679 469
D-U-N-S: 756107314
ABN: 93125679469

Bathurst Resources (BTU) Share Price

Submitted by ASX Listed Company on 9 August, 2009 - 21:03

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