Tiaro Coal Limited is an Australia-based Company. The Company is engaged in coal exploration, evaluation, development and geological surveys on the Tiaro Coal Measures in the Maryborough Basin of South East Queensland. The Company�s, through its subsidiary company, Galilee Co Pty Ltd, it holds 36% interest in White Mountain Pty Ltd. White Mountain Pty Limited holds EPC 1260 and EPC 1250, located approximately 230kilometer southwest of Townsville, boundary of the Galilee Basin near Pentland. The Company holds a 55% interest in EPC 1270, 1271, 1272 and 1273, located in the Walloon Coal Measures of the Clarence Moreton Basin. The Company holds a 50% interest in EPC 1262 located to the west of Blair Athol & Clermont coal mines. The remaining 50% interest is held by Bundaberg Coal Pty Limited. The regional exploration program consists of 3,120 metres of reverse circulation in 22 holes, and one hole of 101 metres of diamond coring.