Coal reserve and quality

Contingent reserves and resources*

Coal Resource (Dry Tons, In Situ, MT)
Area Measured Indicated Inferred Total
Included in Mine Plan 7.14 3.04 0.00 10.18
Exclusive of Mine Plan 5.56 1.40 0.06 7.03
Total 4/30/2021 12.70 4.44 0.06 17.20

Preparation plant washed quality samples (dry basis)*

Ash Sulfur Btu S02/mm Btu Vol. FC FSI Ox. Max. Fluidity (DDPM)
Lower Alma Seam - Mine No. 6
Average 5.73 0.83 14,438 1.15 34.53 59.74 - 93.64 30,000
Maximum 7.24 0.89 14,602 1.22 35.05 60.66 - 95.00 30,000
Minimum 4.78 0.78 14,242 1.09 33.90 58.73 - 91.30 30,000
No. of Samples 8 8 8 8 8 8 - 8 8
Pond Creek Seam - Mine No. 1
Average 5.69 0.90 14,512 1.24 34.56 59.75 - 95.33 29,733
Maximum 7.19 0.98 14,685 1.35 35.25 60.77 - 96.90 30,000
Minimum 4.74 0.73 0.73 14.229 34.12 58.69 - 93.80 28,129
No. of Samples 8 8 8 8 8 8 - 7 7

*Marshall Miller & Associates, Inc. report, September 28, 2021: “Statement of Coal Resources and Reserves for the Ben’s Creek Complex in accordance with the JORC Code and AIM Guidance Note as of April 30, 2021 Central Appalachian Coal Basin, West Virginia and Kentucky, USA"

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