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SUMMARY INFORMATION
PT Damasari Coal Concession Bayah, Banten
1. Legal Aspects: The company has the IUP Explorasi for 2.751 ha. The company has the IUP Operasi Produksi for 1.723 ha. The company has cleared the Amdal documents for all the 2.751 ha. The company has the "Clean and Clear" document. The company has Izin Prinsip Kawasan Hutan (Principal Permit for the mining in the forestry area).
3. Mineral Deposits:
The Company has drilled 164 holes of shallow and deep drilling - up to 200 meters deep. The Company has done Lidar topography over the whole concession area. The energy calorie of the coal is generally around GCV6500(adb) up. Coal Reserves can be calculated by a serious buyer using our Lidar and Outcrop and Drilling Data.
4. Social Aspects:
All negotiations with the Local Community are being handled by the current owner. To date there has not been a single problem. Hauling roads are built through the Concession roads and Forestry roads directly to State Road. Haul roads do not cross any village roads - this minimizes any possible problem with the community.
PT DAMASARI RESOURCES
IUP Explorasi
REGIONAL GEOLOGY
RECOGNIZED COAL BASINS IN THE BANTEN REGION Neogen age: 4,600 5,800 kcal/kg Paleogen age: 6,500 7,500 kcal/kg
INITIAL GEOLOGICAL SURVEY Geological mapping of the IUP Explorasi area between February 2009 and June 2011 located 140 outcrops and illegal mining shafts into coal seams. All locations have GPS co-ordinates. DRILLING PROGRAMS 1. Shallow Drilling 1 December 2011 to 19 April 2012 101 holes drilled for total 4494.01m. Max depth 93m 2. Deep Drilling Program 1 31 May 2012 to 14 August 2012 11 holes drilled for total 893.7m. Max depth 165m 3. Deepr Drilling Program 2 22 February 2013 to 18 April 2013 52 holes drilled for total 4801m. Max depth 180.2m
TOTAL 9.22