New Age Exploration’s main focus is securing mineral resource investment opportunities which have the potential to add significant value to shareholders and to deliver on the Company’s strategic objective: “To focus on mineral resource projects with a view to identifying economically attractive deposits of sufficient grade and size to provide sustainable returns to shareholders”. NAE is currently focused on building a portfolio of coal projects in Colombia and has recently acquired two concessions in the world class Cesar Basin, where a conceptual exploration target of 200-800 million tonnes of export quality thermal coal has been identified. As part of its ongoing strategy NAE continues to evaluate a number of projects in Colombia and elsewhere which will add value to the Company’s portfolio.
