The deposit is part of the company’s Amaam Coking Coal Project in far eastern Russia.
Tigers Realm recently increased the JORC Inferred Resource at Amaam to 406 million tons of coking coal.
Of this, 154 million tons falls within Area 3, which hosts the part of the deposit subject to the discovery certificate.
A total of 69 million tons of coking coal is included within the certificate.
Discovery Certificate confirms Tigers Realm subsidiary Northern Pacific Coal Company (NPCC) as the successful licensee of the Amaam exploration tenement.
This certificate recognizes the economic potential of the Amaam deposit within the Russian mineral classification system.
Preparations for a mining license application will begin immediately, with the application to be submitted within six months of the date of the Discovery Certificate.
NPCC will confirm legal tenure over the deposit for a period of up to 25 years.
Future Mining License applications will be made to increase the size of the license area as additional tonnages are defined.
