Nucoal Resources Limited (ASX:NCR)
NuCoal Resources Limited is an Australia-based company, which is engaged in developing coal assets in New South Wales, Australia. The Company, through its subsidiary, Dellworth Pty Ltd (Dellworth), owns its exploration license. The Company holds exploration license, EL 6812 (Savoy Hill tenement) adjacent to mining operations owned and operated by Glencore, Coal & Allied and Anglo Coal. The Savoy Hill tenement is located approximately 30 kilometer (km) to the north-west of Singleton, close to the Great Northern Railway line, in the upper Hunter Valley of New South Wales. The mining operations near Savoy Hill tenement include Drayton Mine, Drayton South Project, Hunter Valley operations and Mount Arthur, which are located to the north, west, south east and north-west of the study area, respectively. The Company's subsidiaries include Doyles Creek Mining Pty Limited, NuCoal Share Plan 1 Pty Ltd and Dellworth Pty Ltd.