Cape Coal was granted an exploration permit for minerals by the Department of Natural Resources and Mines on the 8th of December 2015 (EPM 25956). The 36 square kilometre project is located 700km northwest of Brisbane and 15 km west of the town of Capella.
In March 2015 Cape Coal entered into an agreement to farm in up to a 10% equity interest in Neala Mining (Pty) ltd through providing technical and commercial support on pre-defined deliverables.