Send us a textA remarkable transformation is underway at Yari Minerals, where their Rolleston South Coal Project has just received a massive boost. The company reports a 91% increase in their JORC inferred resource, bringing the total to 151 million tonnes of thermal coal with significant potential to be upgraded to more valuable metallurgical semi-soft coal.This Queensland-based project sits in the premier Bowen Basin, a Tier 1 mining jurisdiction with exceptional infrastructure advantages. As MD Anthony Italiano explains, their strategic location just 40 kilometres from the Blackwater Rail System via sealed highway gives them a crucial edge in bringing this bulk commodity to market efficiently. "Infrastructure is key in bulk commodity projects," he emphasizes, and Yari benefits tremendously from existing rail loop loading facilities that could accelerate potential development timelines.The technical breakthrough came through clever acquisition of two open source coal seam gas wells and subsequent resource model remodeling. This not only expanded the current resource but creates a pathway for future expansion with less drilling required. Looking ahead, Yari plans a drilling program in the second half of 2025 aimed at both extending the resource footprint and upgrading from inferred to indicated status. With $1.7 million cash on hand and no debt, the company is prioritizing its coal assets while maintaining lithium exploration interests in the Pilbara using innovative, low-cost remote sensing techniques. Subscribe to ASX Briefs for more insights into emerging resource companies and their potential.

Ver todos los episodios