Polo Resources Limited is an AIM: POL and TSX: POL listed mining and exploration group focused on investing in or acquiring and developing advanced stage coal and uranium projects.

COAL

• Caledon Resources Ltd (26.11% interest)
  
  Caledon is an ASX and AIM listed coal miner operating in the Bowen Basin of Queensland.

• GCM Resources plc (29.83% interest)
  
  GCM is an AIM listed coal explorer focused on the development of the Phulbari Coal Project in Bangladesh. The 572Mt Bangladesh coking and thermal coal project with completed BFS awaits government seal of approval.

  
  

URANIUM

• Extract Resources Ltd (9.30% interest)
  
  Extract Resources Limited’s main asset is the Husab Uranium Project, located approximately 45km north-east of Namibia’s main port - Walvis Bay, which has a current resource of 292 M lbs at a grade of 439 ppm U3O8.
  
  Consistently high assay results have identified the Rössing South discovery as one of the largest uranium discoveries in the world with a current JORC resource for Zone 1 & 2 of 267 M lbs at a grade of 487 ppm U3O8. Importantly both zones remain open at depth and along strike.