Trefi Coal Project
The Group owns 15 coal exploration licences (across 7,337ha) over thermal coal in British Columbia, Canada, through its wholly-owned subsidiary, Trefi Coal Corp. On July 9, 2010, Anglo Pacific released NI 43-101 compliant Resources of weak coking coal saleable into either the thermal or PCI markets. The NI 43-101 report is dated March 18, 2010.
The coal Resource estimate is based on drilling and exploration undertaken by Gulf Canada between 1980 and 1982 and by Anglo Pacific in 2008 and 2009. The Resource estimate was prepared by Moose Mountain Technical Services, an independent consultancy based in Canada. The Resource is reported in accordance with the Australian JORC Code and Canadian National Instrument 43-101.
In October 2013, Anglo Pacific became a minority founding shareholder in FlowStream Commodities Ltd and simultaneously entered into a Strategic Co-Investment Agreement with the company. FlowStream Commodities Ltd is a privately owned streaming and royalty company focused on the oil and gas sector. Anglo Pacific is entitled to co-invest up to a 10% interest in a defined number of streaming and royalty projects in the oil and gas sector that FlowStream Commodities Ltd invests in from October 25, 2013.
Anglo Pacific has a number of other smaller royalties and options over a variety of projects and claims, including in relation to the Crinum mine in Queensland, Australia, the Mount Ida magnetite iron ore project in Western Australia, the Engenho gold mine in Brazil, the Bulqiza deposit in Albania and tenements in the Athabasca Basin in Saskatchewan, Canada.