Recent work for Bowen Coking Coal and Whitehaven Coal:
Bowen Coking Coal
Highlights for the Isaac River project near Moranbah
- Maiden Resource estimate of 5.3Mt for the Leichhardt seam of which 4.2Mt is classified as Indicated, and 1.1 Mt as Inferred
- The entire Indicated Resource estimate is based on open cut assumptions
- Exploration target identified for the Leichhardt Lower, Vermont and Girrah seams
Highlights for the Winchester South project near Moranbah
- Following the receipt of all the data from the previous owners, Whitehaven Coal Limited engaged Xenith Consulting Pty Ltd to generate a Coal Resource Estimate in accordance with the JORC Code 2012, for the Winchester South Project.
- The project is contained within the tenement MDL 183, which is located approximately 30 kilometres south-east of Moranbah, near the main mining precinct of the Bowen Basin.
- Several drilling programmes have been conducted over the tenement (~1,250 holes) by the previous owners over a period from the early 1980’s until 2014. The drilling was supported by several 2D seismic lines (~60 kilometres), and extensive coal quality testing providing sufficient data for a robust geological model of the deposit.
- The modelled seams are in the Rangal and Fort Cooper Coal Measures which sit stratigraphically above the Moranbah Coal Measures within the Bowen Basin. Three seams have been modelled and then estimated for the JORC Resources – Leichhardt, Vermont Upper and Vermont Middle/Lower.
- Coal Resources now total 530Mt, comprising 130Mt in the Measured Category, 300Mt in the Indicated Category and 100Mt in the Inferred Category.