TIG’s development plans include Amaam coal basin, the second largest coal deposit in the Bering Coal Basin after Amaam North.
2005
North-Eastern Coal Company (STUK) started its development
2006
STUK was granted the first “ Zapadniy Subsoil” license within Amaam.
2008
Construction at Amaam: company delivered fuel, construction materials and built there field camp.
2009
Exploration was conducted at Amaam. The project appeared to be so ambitious that TIG’s management decided to leave it for future development and start with Amaam North.
Amaam
521
million
tones
tones
of coal resources
The Amaam coal basin is a multi-seam, moderate dipping deposit within a synclinal basin. TIG’s resource consultant, “Resolve Geo Pty Ltd,” in their most recent resource evaluation, has a total of 521 Mt of coal resources at Amaam. The resources include 3.1 Mt of measured resources, 91 Mt of indicated resources and 428 Mt of inferred resources (JORC 2012).
425 Mt of coal are in the quarry - it means that resources are less than 400m from the surface. The inferred and indicated resources of 93 Mt are between 400m and 800m, providing very good potential for future underground operations.
