Exxaro Resources Limited
Consolidated Mineral Resources and Mineral Reserves report 2022
Table 64: Exploration expenditure
| 2021 actual | 2022 actual | 2023 planning1 | ||||||
| Project or mining operation | Number of drill holes |
Total cost (Rm) |
Number of drill holes |
Drilling cost (Rm) |
Analysis and other costs (Rm) |
Total cost (Rm) |
Number of drill holes |
Total cost (Rm)2 |
| Grootegeluk | 36 | 2.9 | 72 | 6.0 | 6.6 | 12.6 | 48 | 26.8 |
| Matla3 | 53 | 20.0 | 76 | 19.9 | 0.5 | 20.4 | 30 | 5.5 |
| Belfast | 53 | 3.4 | None | 20 | 0.5 | |||
| Leeuwpan | 12 | 0.6 | 11 | 0.5 | 0.2 | 0.6 | 11 | 0.7 |
| Thabametsi project4 | 1.2 | 18 | 1.4 | 1.6 | 3.0 | 0.2 | ||
| Other (projects not reported on) | ||||||||
| Total | 154 | 28.0 | 177 | 27.8 | 8.9 | 36.6 | 109 | 33.7 |
| Moranbah South project (not under operational control)5 | 5 | A$1.49 | 4 | A$6.63m | A$3.22m | A$9.85m | 14 | A$10.3m |
| Mafube (not under operational control) | 295 | 301.3 | 191 | 6.8 | 4.5 | 11.2 | 170 | 14.4 |
| 1 | Non-committed. |
| 2 | Includes all associated exploration costs, such as drilling, geophysics surveys and geotechnical, hydrogeological and metallurgical test work. Excludes personnel costs. |
| 3 | 2022 cost includes horizontal drilling. |
| 4 | Includes Resource studies. |
| 5 | Includes two surface to in-seam drill holes drilled with four branches as well as 33km2 of 3D geophysical seismic survey. |
Exploration results are outlined in the Ancillary section within the discussions of the individual operations. We did not conduct exploration in areas not included in the Coal Resource statement. Exploration plans are available on request from the group company secretary.
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