Capella Gold Project

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.

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Mahura Muthla Diamond Mine

In March 2015 Cape Coal entered into an agreement to farm in up to a 10% equity interest in Neala Mining (Pty) ltd (Neala) through providing technical and commercial support on pre-defined deliverables. Neala is the owner of the Mahura Muthla alluvial diamond mine located near Reivilo in the Northern Cape province of South Africa, adjacent to the Matayo Diamond Mine owned by Minemakers (ASX: MAK).

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