The SJC Project is an advanced coal concession located in Central Kalimantan.

SJC Overview

The SJC Project has the following key characteristics;

  • An estimated mineable target of 75 -100 million tonnes*.
  • SJC Coal Properties:
    1. Average 4:1 bcm/t strip ratio (dependant on coal price)
    2. Dips are generally in the range of 5 to 15 degrees
    3. The coal is sub-bituminous, has very low sulphur, and low ash conten
    4. Coal quality (estimated):
  • Calorific value 5,000 - 5,400 (adb)
  • Total Moisture ~38.4% (ar)
  • Total Sulphur ~0.14% (adb)
  • Ash ~4.8% (adb)
  • A drilling programme is currently in progress with an exploration target of an additional 60 - 80 million tonnes of coal, with estimated coal quality of 5,200 - 5,400 Kcal/kg (adb)*.
  • The SJC concession has all the associated infrastructure and development near-to completion.
  • Initial production targeted to commence by March 2011

SJC Strategy

Vision Resource's JV partner's immediate strategy to advance the SJC Project will involve:

  • Complete infrastructure development for planned initial production of up to 50,000 tonnes per month by March 2011. Production is planned to ramp up to 2 Mtpa in late-2011, and increase up to 3 Mtpa in 2012.
  • Complete the drilling campaign to generate a JORC Reserve and Resource report, to allow a mining plan to be generated for the planned production ramp up.
  • Finalise coal off-take agreements

    • Vision Resource will be working closely with its JV partner to expedite initial production from SJC. The Company's JV partner has significant experience in managing coal operations in Central Kalimantan.

    * It is common practice for a company to comment on and discuss its exploration in terms of target size and type. The information above relating to the exploration target should not be misunderstood or misconstrued as an estimate of Mineral Resources or Ore Reserves. Hence the terms Resource(s) or Reserve(s) have not been used in this context. The potential quantity and quality/grade is conceptual in nature, since there has been insufficient exploration to define a Mineral Resource. It is uncertain if further exploration will result in the determination of a Mineral Resource.