cr121804

This report presents work for Mineral Development Licence 155 during Tenure Year 26 for the annual reporting period ending on 31 October 2020, targeting the coal seams of the Rangal Coal Measures. During the reporting period the following work was undertaken; drill planning for the next phase of exploration work, resource modelling for the Togara, Humboldt and Kennedy areas. Key observations from the modelling are: - Major structure with SE trending anticline with faulting; Increased model extents with compilation of datasets from three historic models enabling a broader coal seam correlation review; Highly variable data density limiting confidence in some areas; Inclusion of additional drilling data from 2016. An individual resources and reserves statement for MDL 155 IS NOT reported externally by BHP but the coal resources are captured in the Blackwater Mine JORC Resource Statement as of 30 June 2020.