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BREAKTHROUGH MINERALS LIMITED Capital/Financing Update 2010

Apr 28, 2010

64579_rns_2010-04-28_43423c70-f82a-4e6e-a9e3-703c21f9b587.pdf

Capital/Financing Update

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Level 1, 18 Kings Park Rd West Perth WA Australia 6005 PO Box 636 West Perth WA Australia 6872 Tel 61 8 9322 2033 61 8 9322 2055 Fax 61 8 9322 2100 www.atomicresources.com.au [email protected]

29[th] April 2010

10-18 ASX Code: ATQ

Company Announcement Officer Australian Securities Exchange

Atomic Consolidates Ngaka Coal Project Acquires a New Coal Concession

Atomic Resources Limited (ASX Code: ATQ) (“Atomic”) is pleased to report that its Tanzanian joint venture company Tancoal Energy Limited, is in the process of purchasing a new coal concession in the Ngaka Basin.

The new concession, PL6285/2009, covering approximately 10.4km², links together the Mbuyura/Mkapa and Ngaka coal fields within the Ngaka Coal Basin. Managing Director Clinton Cain who is currently in Tanzania said the additional concession was strategically important to consolidate Tancoal’s position in the Ngaka Basin, and has the potential to increase coal resources.

“Tancoal now controls some of the best coal in Tanzania and our Mbuyura/ Mkapa and Ngaka coalfields are now directly linked. Our initial interest in the new concession is to facilitate the building of haul roads to bring coal from Mbuyura/Mkapa to the Ngaka mine site. Eventually we will explore the new concession and go after the coal, but the important thing now is to develop the infrastructure that will allow small scale mining at Ngaka to start within the next couple of months.”

The area covered by the new concession was previously explored by the British Colonial Development Corporation (CDC) between the 1930’s and 1950’s, and potential coal tonnages on the new concession were estimated by the CDC to be approximately 30 – 40 million tonnes of sub bituminous, low ash low moisture thermal coal.

In accordance with section 18 of the JORC code, the potential quantity and grade of the estimated coal tonnage on the newly acquired Ngaka concession is conceptual in nature, because there has been insufficient exploration to define a Mineral Resource.

Early substantial cash-flow generated from the commencement of small scale mining at Ngaka will help to fund future project development costs and the phased development of infrastructure, plant and equipment to support up to a 4Mtpa coal mining operation at Ngaka over the next 5 years.

Initially, Tancoal anticipates producing 250,000tpa of coal (rising to 500,000tpa for local demand), to satisfy the Tanzanian domestic market and replace the coal currently imported from South Africa and Malawi. Production will increase to over 2Mtpa by 2013 to feed the proposed 400Mw Power Station to be built at Ngaka.

At full production Ngaka will be the largest single coal mining operation in Tanzania and possibly the region, producing over 10Mtpa of good quality coal. Ngaka will make Tanzania self-sufficient in coal resources, and will provide approximately 40% of the nation’s electricity supply, provide employment and training opportunities for many hundreds of Tanzanian people and become a major new source of export income for the Tanzanian economy.

Mr. Cain added, “Ngaka is critical to the economic and social development of Tanzania. There are over 40 million Tanzanian people who stand to benefit from this coal project. This additional concession strengthens our position in the Ngaka Basin and will make it easier to develop the Mbuyura/ Mkapa coal fields as an integrated part of the Ngaka Coal Project.”

The information in the release that relates to Exploration Results, Mineral Resources or Ore Reserves was compiled by Mr D. J. Holden, who is a Member of The Australian Institute of Mining and Metallurgy, with over 20 years experience in the mining industry. Mr Holden has sufficient experience, as to qualify as a Competent Person as defined in the 2004 edition of the “Australian Code for Reporting of Mineral Resources and Ore reserves”. Mr Holden consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

ENDS

About the company:

Atomic Resources Limited is an Australian-based exploration and resource development company with major thermal coal assets in Tanzania. Our joint venture operating arm in Tanzania is Tancoal Energy Limited, a joint venture with the National Development Corporation of Tanzania.

For further information contact: Shareholder Enquiries

Clinton Cain Managing Director Atomic Resources Limited Tel: (08) 9322 2033 www.atomicresources.com.au

Media Enquiries

Tony Dawe Dawe Media Group Tel: 041 3322 110 [email protected]