Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Consolidated Zinc Limited ( (AU:YAR) ) has shared an announcement.
Yari Minerals has strengthened its position in Queensland’s Bowen Basin with a maiden JORC Indicated Resource of about 33.7 million tonnes at the Rolleston South Coal Project, lifting the total resource to roughly 223 million tonnes, a 17% increase. The company has also appointed Courtney Taylor as Executive Director to lead advancement of the project.
Recent drilling and analysis confirmed shallow coal intersections from around 48.9 metres and a laterally continuous, layered seam system, supporting the potential for scalable, near-surface mining. Coal quality and washability testwork indicate a low-ash, low-impurity product, with potential for 7–8% ash at about 85% yield using conventional processing, underpinning suitability for export markets.
Ongoing coal quality assessments, geological interpretation and drill planning are now focused on supporting the next stage of Rolleston South’s development. Yari is simultaneously engaging with potential strategic partners and commodity traders to explore joint venture and offtake options, which could accelerate project commercialization and enhance the company’s market positioning.
More about Consolidated Zinc Limited
Yari Minerals Limited is an ASX-listed resources company focused on coal exploration and development in Queensland’s Bowen Basin, one of the world’s most established coal-producing regions. Its flagship Rolleston South Coal Project targets export-quality thermal coal, leveraging proximity to operating mines, established rail infrastructure and export pathways to access international markets.
Average Trading Volume: 550,777
Technical Sentiment Signal: Sell
Current Market Cap: A$5.88M
Learn more about YAR stock on TipRanks’ Stock Analysis page.