The company has recently completed a maiden JORC (2012) compliant coal resource of 1.2 billion tons for the deposit with 10% ash, 3.5% moisture, and 6,900kcal/kg of gross calorific value.

Balamara Resources managing director Mike Ralston said: "This substantial maiden resource, which has been calculated purely from historical drilling, adds significant scale to our rapidly advancing Polish coal asset portfolio and demonstrates another very attractive long – term growth option in front of us."

"While the Mariola Project remains our priority development opportunity, the sheer size and scale of the opportunity at Sawin clearly warrants further work to establish the commercial rationale for an operating mine there, and the overall value this asset can deliver for Balamara at some future stage."

Salva Resource has been selected to undertake the pre-feasibility study at the Sawin project.

Said to be the largest coal resource within Balamara’s Polish coal portfolio, the Sawin project is located in the Lublin Coal basin in eastern Poland. It complements the company’s Mariola thermal coal project and Nowa Ruda coking coal project.

The pre-feasibility study is expected to be completed in three months.