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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
- (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.
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