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Universal Coal’s Brakfontein coal project fully permitted

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World Coal,

Universal Coal’s Brakfontein coal project (50.29% owned) has received all licences required for development, following the granting of a Water Use Licence by the Department of Water and Sanitation.

The Brakfontein project is situated in the Delmas district, approximately 20 km near the company’s Kangala coal mine in South Africa’s premier coal region, the Witbank coalfield. The project hosts a JORC 2012 Mineral Resource of 87.6 million t of a proven ore reserve of 9.1 million t.

With the obtained water use licence and already securing the Mining Right and the Environmental Authorization in terms of National Environmental Management Act (NEMA), the project now has all the licences required for development.

Universal Coal completed a feasibility study showing potential to be integrated with existing infrastructure and excess capacity at UNV’s Kangala operation, and so substantially reducing capital development costs and the scale of the water licence required.

Edited from press release by Harleigh Hobbs

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