(100 percent equity share)

The Buller project represents several mine permits on the Denniston plateau on the West Coast of the South Island of New Zealand, that being in close proximity to the Stockton mine infrastructure assets, will enable material synergies. These include the Escarpment and Cascade mines which Bathurst previously operated, but which are now on care and maintenance (allowing them to be brought back into operation when appropriate).

During the year, drilling programmes were completed in a number of key areas enabling coal washability testing to further prove up potential resources. Applications for key exploration permits were also submitted for the Denniston, Millerton fly creek and Blackburn permits. Baseline ecological surveys are also underway for areas along the possible transport corridor to the Stockton infrastructure assets.

The focus for FY20 is to continue key drilling programmes and advance baseline studies.