Company Overview
Regal Resources holds the exclusive world-wide licence rights to develop the Underground Coal to Liquids (UCTLTM) process which aims to convert low rank brown / coal lignite into hydrocarbon and gas products. The process is novel, with two patents pending, and if successful, is highly likely to offer significant advantages over competing coal-to-oil technologies.
Regal Resources still retains its substantial resource base concentrated on gold and nickel in some of Western Australia’s most perspective regions, including the proven Laverton fields, and has a significant register of priority drilling targets.
The Board of Directors of Regal Resources has a broad range of skills and knowledge, with particular experience in mining, engineering and corporate finance. To enhance the Company’s objective of developing its existing businesses and new opportunities, the Board has specifically selected Regal’s senior management team to ensure that the key areas including business development, technical, corporate compliance, finance, safety and environmental facets of the business are executed by a highly knowledgeable group of professionals and is embraced by recommended corporate governance practices and principles.