Tag: MR1

Montem Resources ASX MR1 Alberta government coal policy review

Montem Resources welcomes Alberta coal policy review, continues to operate under existing permits

Melbourne-based Montem Resources (ASX: MR1) welcomes the decision by the Alberta government to hold an independent public consultation into new coal mine development in the Canadian province. The com...
Montem Resources MR1 ASX Montem Tier 1 Hard Coking Coal Chinook Vicary

Montem Resources’ test work confirms ‘tier one’ quality coking coal at Chinook

Montem Resources (ASX: MR1) has completed test work on coking coal at its Chinook Vicary project in Alberta province, with results indicating that it has “excellent” coke strength. The company is p...
Montem Resources placement Tent Mountain Chinook coal projects ASX MR1

Montem Resources raises $5.2m to progress Tent Mountain and Chinook coal projects

Aspiring Canadian coal producer, Montem Resources (ASX: MR1) has topped up its coffers with a $5.2 million placement to progress mine permitting at Tent Mountain and Chinook feasibility studies. Mo...
Montem Resources ASX MR1 Canadian coking coal mining policy change

Montem Resources says not affected by Canadian coal mining policy change

Melbourne-based Montem Resources (ASX: MR1) says its two key coal projects will not be impacted by the Government of Alberta's decision to reinstate a previous coal policy that had been rescinded last...
Montem Resources ASX MR1 coal seams Canadian coking coal drilling Chinook Vicary project

Montem Resources hits thick coal seams in Canadian coking coal drilling

Montem Resources (ASX: MR1) reported that 13 drill holes at its Chinook Vicary project have intersected thick coal seams. Maximum cumulative coal thickness across those holes was 61.1m, with an ave...
Montem Resources ASX MR1 Chinese steel mills Canada coal supply

Montem Resources poised to benefit as Chinese steel mills look to Canada’s coal supply

Unlike other ASX-listed coal companies, emerging developer Montem Resources (ASX: MR1) is optimistic about China’s move from Australia’s coking coal industry to Canada, as it holds its Alberta-based p...
Montem Resources MR1 ASX hard coking coal seams drilling Chinook Vicary open pit mining

Montem Resources unearths thick coal seams in all Chinook Vicary drill holes

Following its recent ASX listing, Montem Resources (ASX: MR1) has completed its 2020 drilling program at the Chinook Vicary target area with all holes unearthing thick coal seams. The company began...
Montem Resources Isola Canada coal seam ASX MR1

Montem Resources takes more steps towards coking coal mining in Canada

Montem Resources (ASX: MR1) reports preliminary geological field mapping at its Isola coal project in Alberta, Canada has identified multiple coal seams. This initial work program has further defin...
Montem Resources ASX MR1 Chinook Vicary Canada drilling

Montem Resources starts drilling at Chinook coal project

Fresh from making its ASX debut, Montem Resources (ASX: MR1) has kicked off a drilling program at the Chinook Vicary area of its Chinook coal project in southwest Alberta, Canada. The company just ...
Montem Resources IPO ASX MR1 Canada steelmaking coal Tent Mountain Mine

Montem Resources completes IPO to develop Canadian steelmaking coal projects

After completing an $8 million initial public offering, Montem Resources will list on the ASX next week aiming to establish itself as a supplier of Canadian coking coal to the global steel industry. ...

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