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PT DAMASARI RESOURCES
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 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).
2. Land Conditions and Ownership:
• Land acquisition for APL area has already been cleared.
• For Forestry land there are still 322 ha that still need to be
compensated to get the usage permit (Izin Pakai).
• For the Rubber Plantation area, the company has made an
agreement with the plantation owner to pay rent for every agreement with the plantation owner to pay rent for every
100 ha that is mined in the plantation area.
• Land for a possible jetty site has already been bought.
• All PT Darmasari’s concession areas have already been
cleared from villagers; there is no more community in the
concession area.
• 30km of hauling roads for coal hauling have already been
built in the APL and Forestry areas.
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 Lidarand Outcrop and Drilling Data.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.
Location of the Concession
Location of the
concession
PT DAMASARI RESOURCES
IUP
Explorasi
REGIONAL GEOLOGY
RECOGNIZED COAL BASINS IN THE BANTEN REGION
• Neogen age: 4,600 � 5,800 kcal/kg• 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 93m101 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
COAL SEAM AND RESERVE INFORMATION
AT JUNE 2012
• The following slides cover information supplied as of June
2012 ie after the first drilling program.
• The information from Deep Drilling Program 1 and Deep
Drilling Program 2 has not yet been used for resource and
reserve modelling.
TOTAL 9.22
COAL RESERVE SUMMARY
AT JUNE 2012