New Age Exploration’s main focus is securing mineral resource investment opportunities which have the potential to add significant value to shareholders and to deliver on the Company’s strategic objective: “To focus on mineral resource projects with a view to identifying economically attractive deposits of sufficient grade and size to provide sustainable returns to shareholders”. NAE is currently focused on building a portfolio of coal projects in Colombia and has recently acquired two concessions in the world class Cesar Basin, where a conceptual exploration target of 200-800 million tonnes of export quality thermal coal has been identified. As part of its ongoing strategy NAE continues to evaluate a number of projects in Colombia and elsewhere which will add value to the Company’s portfolio.
New Age Exploration (ASX:NAE)
Company Directors
Mr Adrien Wing (Director)
Mr Edwin Stoyle (Director)
Mr Gary Fietz (Managing Director)
Mr Gavan Rice (Director)
Contact Information
Phone: +613 9614 0600
Website:

Address
Level 17 500 Collins Street Melbourne, VIC, Australia, 3000
Media Releases
Investor Presentation July 2011 - Colombian Coal
06 Jul,2011 10:29 AM

INVESTMENT SUMMARY
 
- Focussed on pursuing coal, iron ore and base metal opportunities
 
- NAE's strategy is to build a material Colombian coal business with a production base of at least several million tonnes export coal
 
- NAE has identified multiple coking and thermal coal opportunities - we have the skills and contacts to acquire and develop these projects
 
- The Cesar Project is NAE's first step in the execution of its Colombian Coal Strategy

Project consists of three concessions: GHN-121, GIK-103 (announced 11th May) and GJP-151  (La Miel, announced 8th June)

Conceptual exploration target of 250-1,000Mt of underground export quality thermal coal
 
- Aiming to build a portfolio of coking coal projects

Targeting assets with a resource base of 10-20Mt, a minimum production capacity of 0.5Mtpa and capable of commencing production within 3 years.
 
 
 
For further information please download Presentation below: