Montem Resources Limited. (MR1:ASX)
Montem Resources Limited is an Australia-based steelmaking coal development company that owns and leases coal tenements in the Canadian provinces of Alberta and British Columbia. The Company is focused on re-establishing mining at the Tent Mountain Mine to produce steelmaking coal. Its projects include Tent Mountain Mine, Chinook Project and Greenfield Projects. The Tent Mountain Mine project is located in both Alberta and British Columbia with the closest municipality, Coleman, located approximately 16 kilometers (km) to the east. The mine covers an area of approximately 1,700 hectares (ha). The Chinook Project is located in the Crowsnest Pass of southwest Alberta. The Chinook Project covers an area of approximately 10,000 ha, and contains three underground mines, such as Vicary, McGillivray and International. The Greenfield Projects include Isola, 4-Stack and Oldman projects, which are located north of the Chinook Project in the Crowsnest Pass in southwest Alberta.