Carabella Resources Limited

Carabella Resources is a coal exploration and development company based in Brisbane, Australia. It holds interests in a portfolio of ten coal exploration tenements covering a substantial exploration area of approximately 4,400km² across Queensland's coal basins. The Company is progressing from exploration through project development with a strategy focused on becoming an established coal producer and exporter with multiple mining operations.

The Company's current focus is on development of the flagship Grosvenor West hard coking coal project near Moranbah, adjacent to a number of world class coking coal mines in the Northern Bowen Basin, and the Bluff PCI project near Blackwater. Further exploration activities are being progressed across other Queensland tenements and provide attractive exploration upside for both metallurgical and thermal coal.

Carabella Resources key tenements are well positioned being close to the coast, adjacent to existing rail infrastructure and within established mining precincts.