Mayur is pioneering the development of a highly prospective new coal province in PNG at an early stage with significant value uplift potential.
Coal exploration portfolio encompassing the majority of PNG’s coastal coal province within the Papuan Basin in Gulf Province
Vision to develop a new low cost coal precinct comparable to the Kalimantan-style model that has been so successful in Indonesia
Exploration licenses or co-operation to explore over a 200 km strike length of outcropping ‘Shu Coal Measures’ (within the coal-bearing Era Beds Formation)
JORC Resource of 11Mt (PNG’s first JORC coal resource) and further exploration programs completed identifying over 4 metre thick seams sub cropping at surface
Close proximity to deep draft rivers and coast providing access to domestic and international seaborne customers and markets