Tenas Project, Canada
Bathurst Resources Limited (ASX: BRL) has successfully completed the acquisition of the Tenas Coking Coal Project from Telkwa Coal Limited, a subsidiary of Allegiance Coal Limited. The acquisition aligns with Bathurst’s strategy to expand its exposure to steelmaking coal and strengthen its presence in a Tier 1 mining jurisdiction. The Tenas Project is a low strip ratio, long-life coal asset located in British Columbia, offering convenient access to rail, port infrastructure, and necessary resources...."
Project Summary
Bathurst Resources (BRL) Bathurst completed the purchase of the Tenas project in December 2023, making it the second long-life Canadian steelmaking coal project in which Bathurst has an interest.
Located in the Bulkley Nechako region, 7 km southwest of Telkwa, British Columbia, Tenas will be an open-pit mine aiming to produce 750,000 tonnes of saleable steelmaking coal annually, with a low strip ratio.
Mine information
Ownership
100% BRL
Location
Telkwa, British Columbia, Canada
Coal types
Metallurgical, Steelmaking coal
Life of mine
20+ years
Coal Reserves
22.0 Mt
Coal Resources
36.5 Mt
Expected annual production
750 Kt