The newly listed firm also has high quality assets in a world class thermal coal mining region in the US and high potential for multiple open cut mines, with planned production in excess of 10 million tonnes per annum, according to a company presentation.
“The board of directors have superior experience and contacts in coal mining and marketing, finance and investment in Australia, Asia and USA,” according to the company.
“It is supported by [a] mining advisory panel with extensive operational track record in coal mining in Australia and USA.”
Cameron, who is the chairman of County, is also the founder of Centennial Coal. He holds degrees in mining, mineral economics and business administration. He was previously with Coal & Allied Industries in the Hunter Valley of New South Wales for 14 years.
He formed Preston Coal Company in 1989 which was listed as Centennial Coal on the ASX in 1994, and acquired by Banpu PCL in 2011.
Centennial Coal operates 10 coal mines in NSW, producing around 19Mtpa.
Jakeman, who is on the mining advisory panel for County, has worked in the Australian coal mining industry for over 35 years. The majority of his career was spent working with global resource companies including BHP, Shell Coal, Rio Tinto and Anglo Coal Australia.
County has extensive JORC measured status exploration assets in the US obtained before listing and has further exploration and acquisition opportunities in the region that are close to existing road, rail and power infrastructure, it said.
It has two export open cut thermal coal development projects in the Powder River Basin at Wyoming with total JORC Resources of 642Mt.
Its Shell Creek thermal coal project has 258Mt of resources in the JORC indicated category and 74Mt at JORC inferred. Its Miller thermal coal project has 310Mt of JORC resources in the measured category.