Southern Bowen Basin
In the Sourthern Bowin basin Endocoal holds 100% of Stockyard Creek (EPC2339), Cedars (EPC1516) and Barfield (EPC1620)
The tenements are located west of the town of Biloela in the Banana Shire, Queensland, and are immediately east of the Dawson Mine Complex operated by Anglo Coal Australia in the Southern Bowen Basin.
Cedars and Barfield
The combined tenement areas run parallel to the Dawson Mine Complex for a distance in excess of 100km. The Cedars tenement is intersected by the Leichhardt Highway, and both tenements are intersected by the Dawson Highway and the Moura Rail System. This rail and road infrastructure currently services the existing Dawson Mine Complex and transports coal 184km to the Port of Gladstone.
The combined Cedars and Barfield tenement areas are located within immediate proximity to significant coal resources and coal mining reserves. A summary of these is set out below.
|Project||Company||Proximity to Expedition Peak||Coal Type||PJORC Resources 1 (mt)||Production (mtpa)|
|Dawson Complex||Anglo Coal Australia (LSE:AAL)||1km to the west||Metallurgical and thermal coal||380||12.0|
|Callide||Anglo Coal Australia (LSE:AAL)||36km to the north east||Low sulphur, sub bituminous thermal coal||694||10.2|
1 Includes measured, indicated and inferred JORC resources based on publicly available information as at December 2009
The Cedars and Barfield tenements are located over the southern extension of the Folded Zone, and to the east of the Mimosa Syncline. As such, the strata in the area consist largely of easterly dipping Flat Top Formation and the overlying Gyanda Formation. In the north and north east of the tenements, the Barfield Formation is also exposed. These strata are well exposed over the majority of Cedars and maintain a dip to the west of approximately 15 degrees. There also exists a zone of major thrust faults and associated folds in the north of both the Cedars and Barfield tenements.
Stockyard Creek (EPC2339)
Coal core samples extracted from the scout drilling program recntly completed at Stockyard Creek are now undergoing laboratory analysis to determine coal quality and washability characteristics. it is expected these results will be avaliable in late May 2012.
Updated: May 2012