In the last twenty four months TOCC has transformed itself from a start-up coal exploration and development company into an expanding soon-to-be producer in the North American coal market. The potential to realise early cashflow from optioned operating mine is a major achievement and adds credibility to the companies ambitious aims.
 
As a central tenet with explorers and early stage producers, TOCC has focussed on developing projects, management and financing. TOCC projects offer a diverse mix of producing assets, development opportunities and exploration upside to identify and develop a significant resource base from initial exploration targets across the project portfolio.
 
The Management team, at Board and operational levels, is diverse and well qualified to manage the growth in TOCC’s North American coal business. Regarding the company’s ability to source financing, the company has been able to secure equity finances to undertake necessary operations.
 
In Canada, TOCC has one of the largest metallurgical coal Exploration Targets when compared to peers. TOCC’s Canadian projects will create significant value to shareholders when licences are granted immediately capturing the value of established Exploration Targets of 281Mt-422Mt (JORC Code 2012 compliant).The projects have Metallurgical/PCI coal targets, are located in the Kootenay coal fields of British Columbia and are currently being processed for approval by the provincial Government. 
 
TOCC projects and exploration licence application areas in Oklahoma are targeting metallurgical/PCI and high energy thermal coal with an identified  Exploration Target of 152Mt – 233Mt (JORC Code 2012 compliant).
 
TOCC have an exclusive option on an operating underground mine in Oklahoma. This potential acquisition offers TOCC investors a short term path to production capacity and offers a substantial value proposition to the company through the purchase of controlling interest in 2014. The purchase, proposed funding and development opportunity is based on diverting the current output, an unwashed raw coal sold into the domestic thermal market, as a washed low ash product into the export PCI market. .
 
In Colorado the company is pursuing a number of opportunities with private mineral owners and federal minerals applications in the Raton basin. TOCC has completed a number of technical reviews on the Raton basin and believes there is potential to identify significant resources in this under developed coal field. This is anticipated to bring significant value to the company as further work is completed in identifying the most attractive areas for resource development. TOCC underlying principle has been to identify and select projects that have metallurgical coal potential, established infrastructure, community support and a history of regional mining activity. 
 
Summing up, to investors wanting exposure to North American coal, TOCC offers a rapidly expanding business managed by dynamic, driven individuals. TOCC project base offers considerable upside through early production revenue and expansion into export markets. The current funding should enable finalisation of the purchase of the Oklahoma mine, further tenement acquisition in Oklahoma and consolidation of the Canadian tenement acquisition program.
 
Investment Highlights
  • Low Sovereign Risk: Operating where regulations and approvals along with stable governments and established financial systems result in investment security.
  • Oklahoma – low-volatile metallurgical/PCI coal assets: TOCC has made application for 23,400 Acres of Bureau of Land Management “BLM” (Crown equivalent) Minerals in Oklahoma.
  • Colorado – high-volatile metallurgical and high-energy thermal coal assets: TOCC has secured an application for 16,400 Acres of BLM Minerals in Colorado, Raton Basin.
  • British Columbia – high-volatile metallurgical and high-energy thermal coal assets: TOCC has lodged coal exploration licence applications covering 20,000 Acres in British Columbia, Peace River and Kootenay regions.
  • Oklahoma Joint Venture: TOCC has committed to a joint venture to undertake exploration and development of assets in the Arkoma basin. The JV partner is an established Oklahoma coal mining company who have been successfully mining for the past 20 years. The new venture will identify metallurgical/PCI coal targets for exploration and development across Oklahoma and Arkansas.
  • Utilisation of established and developed infrastructure: Excellent, port, rail and barge facilities that are accessible within short distances to each project provide options for logistics paths to export and international sale.
  • US Based Management: TOCC has an established office and management team located in the US.
  • Experienced Management and Board: the Board and management have expertise in the development and operation of coal projects.
  • Established Relationships: TOCC has established and developing relationships across North America and Asia.
Projects Overview
 
 
TOCC is on track in developing a portfolio of exploration projects in Oklahoma, Colorado and British Columbia. Applications for federal mineral leases in Oklahoma and Colorado are in the regulatory approvals process. Additionally, applications for Coal Exploration Licenses lodged in Peace River and Kootenay (British Columbia) are in the approvals process. All projects have the priority target being metallurgical coal with high energy thermal produced as secondary product.
 
Project
State
Coal Type
Exploration Target (Mt)
Mineral Rights
Area (Ha)
Application Status
Howe & Bokoshe
Oklahoma
Metallurgical/PCI
152 - 233
Federal
9,500
Lodged
Left Fork
Colorado
Metallurgical/Thermal
136 - 204
Federal
6,600
Lodged
South Hazell
British Columbia
Metallurgical/PCI
57 - 86
Crown
2,685
Lodged & Under review
Elko
British Columbia
Metallurgical/PCI
224 - 336
Crown
2,995
Lodged & Under review
Peace River
British Columbia
Metallurgical
40 – 50*
Crown
2,400
Lodged & Under review
Total JORC
Total Non JORC*
 
 
570 - 859
40 - 50
 
 
 
Oklahoma Mine
Oklahoma
Metallurgical/PCI & Thermal
7.5 Recoverable Reserve (Non JORC)
Federal
Private
1,457
Option secured
Project Summary

 
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