NEWS UPDATE - 05 September 2023
Bathurst Resources Limited (ASX:BRL) is pleased to announce it has entered into an agreement to purchase the assets of the Tenas Coking Coal Project from Telkwa Coal Limited, a subsidiary of Allegiance Coal Limited.
Further information is available on our website: www.bathurst.co.nz
It's important that we listen to provincial health guidance to ensure we are doing our part to protect the health of our communities. In this regard, TCL has implemented several actions that will remain in place until we receive further direction from public health officials:
The Tenas Project is located in the Bulkley Nechako region, 25 km south of Smithers and 7 km southwest of Telkwa, BC. The Project will produce approximately 775,000 to 825,000 tonnes of steelmaking coal annually, with a mine life of about 25 years including construction, operations, and reclamation phases.