Bounty Mining

Bounty Mining Limited (Bounty) is a public company and listed on the ASX on 19th June 2018. Bounty is an underground coking coal mine operator and is also developing the Cook North, Minyango and Wongai coking coal projects in Queensland. Cook and Cook North are located on sub leases of the following mining leases, ML 1768, ML 1769, ML1779 and ML 1799, ML7357 and are located 29 km south of the township of Blackwater in Central Queensland. Cook has an operating underground coking coal mine and also a central Coal Handling and Process Plant (CHPP). Bounty also has an agreement to acquire the underlying mining leases from Glencore over the next 18 months. The Minyango Project is located within the following tenements ML 80173, MDL 465, MDL 375, MDL424, EPC 699 and EPC 997 and is located 5 km south of the township of Blackwater in Central Queensland. The Wongai Project is located with EPC 2334 and is located 140 km north of the township of Laura in Far North Queensland. Bounty is ramping up production at Cook Colliery after acquiring the mining assets on 8th December 2017, and undertaking prefeasibility studies for Cook North and Minyango and bankable feasibility studies for the Wongai Project.