Stanmore Coal Limited : Belview Mining Lease Application

ASX announcement

12 September 2013

Belview Mining Lease Application Highlights

? Mining lease application lodged for Belview coking coal project

? Application underpinned by 322Mt JORC Inferred Resource

? Important step in progressing the Project to first coal by 2017

Stanmore Coal Limited ("Stanmore Coal" or "the Company") is pleased to announce that it has lodged a Mining Lease Application ("MLA") over a 50.7 km2 area within the Belview Coking Coal Project's ("Belview") existing EPC boundaries as shown in Appendix 1. The purpose of the Mining Lease is to allow for the development of an underground mining operation to extract high quality coking and PCI coal. The MLA is underpinned by the 322Mt JORC Inferred Resource
announced on 13 August 2013.
Lodgement of the mining lease application is an important step in the planning and approval process for the Belview Project which is targeting first coal by 2017.
Recent changes by the State Government to improve the efficiency of the approvals process are likely to
assist in fast tracking Belview into production. The project is located on the existing Blackwater railway line.

1 ASX code: SMR

ASX announcement

An additional drilling program and an updated mining study including the results of the current capital reduction program are planned to be completed by the end of 2013.
Commenting on the mining lease application, Managing Director Nick Jorss said, "Lodgement of the MLA is an important step in the development of Belview and reinforces the Company's commitment to progressing the Project towards production as soon as possible in an environment of improving coking coal prices and reducing project capital and operating costs. Belview is well positioned to secure low cost rail and port capacity given its location on the Blackwater rail line in the Bowen Basin which services the coal ports of Gladstone."
On behalf of the Board
D McAlpine
Joint Company Secretary

For further information, please contact:

Mr Nick Jorss

Managing Director

07 3238 1000

Mr Doug McAlpine

Company Secretary

07 3238 1000

Competent Persons Statement

The information in this report relating to the Belview Project exploration results and coal resources is based on information compiled by Mr Troy Turner who is a member of the Australian Institute of Mining and Metallurgy and is a full time employee of Xenith Consulting Pty Ltd. Mr Turner is a qualified geologist and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is

undertaking, to qualify as Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Turner consents to the inclusion in the report of the matters based on the information, in the form and context in which it appears.

About Stanmore Coal Limited (ASX code: SMR)

Stanmore Coal is a growth focused, pure play coal exploration and development company with a number of prospective coal projects and exploration areas within Queensland's Bowen and Surat Basins. Stanmore Coal is focused on the creation of shareholder value via the identification and development of coal deposits, with a focus on the prime coal bearing regions of the east coast of Australia.

Stanmore Coal has seven coal project areas, covering over 2,769 km2 in total. These projects include significant deposits of open pit coking and thermal coal and are typically well located for export infrastructure.

Stanmore Coal Limited ACN 131 920 968

p: [phone] | f: [phone] | e: [e-mail] | w: www.stanmorecoal.com.au

Street address: Level 11, 10 Market Street, Brisbane QLD 4000 | Postal address: GPO Box 2602, Brisbane QLD 4001

2 ASX code: SMR

ASX announcement stanmorecoal

Appendix l- Mining Lease Application Boundaries

BELVIEW PROJECT

ML1779

ELDORADO HlLL

stanmore coal

MLA80194

BLUFF

N

4km

LEGEND

Stanmore CoalEPC Stanmore CoalMLA Cook ML

ML

MDL

3 ASX code: SMR