Pacific Enviromin Limited
Pacific Enviromin announces plan to review Queensland coal projects
Pacific Environ (ASX: PEV) has revealed the company's intentions to review its 25 exploration projects, located in Queensland’s Bowen, Galliee, Surat and Clarence-Moreton Basins.
It has engaged an independent consultant to complete an initial independent review of one of its Bowen Basin projects adjacent to Jallinbah and Curragh mines.
As part of Pacific Environ's strategy, the company is targeting areas with coal potential close to infrastructure and working coal mines.
Area Coal, a wholly owned subsidiary of Pacific Enviromin, has submitted an Exploration Permit for coal over an area of seven sub-blocks, located about 15km northeast of Blackwater in Central Queensland.
The EPCA is located between the Curragh and Jellinbah East Mines, which respectively produce coking and PCI coal for the export market and is only 15km north of the Central Railway Line and the Capricorn Highway.
An exploration target of 45Mt to 65Mt of underground, low volatile, PCI coal, has been identified in the EPCA. The coal is present in the 2m to 4m thick Aries seam of the Late Permian, Rangal Coal Measures at depths expected to range from 200m to 400m.
Indications from limited washability data indicate that the Aries seam could be washed at moderate (70% to 80%) yields to produce a <10% ash PCI coal with approximately 17% volatile matter, 0.5% sulphur and <0.08% phosphorus.
The exploration target has been identified from seven deep stratigraphic holes that were drilled in or adjacent to the EPCA by the Geological Survey of Qld (GSQ) in the 1970s. The drilling identified three Permo-Triassic units within the EPCA: the Triassic Rewan Group, underlain by the Late Permian, Rangal Coal Measures, which were in turn underlain by the Late Permian, Burngrove Formation. The holes intersected seams of the target Rangal Coal Measures at depths ranging from approximately 200m to in excess of 400m.
Potential resources occur to the west of the Jellinbah Fault, a regional thrust fault with a throw of approximately 400m, which separates non commercial, high ash seams of the Burngrove Formation to the east, from the Rangal Coal Measures and the overlying Rewan Group sediments to the west.
All seam intersections comprised dominantly dull coal and were analysed as a 12% to 15% ash thermal coal, either raw or from the composite floats at 1.60RD.
At 12% to 15% ash, the seams had low (16.1% to 17.6%) volatile matter, low (0.4% to 0.5%) sulphur, moderate (0.05% to 0.08%) phosphorus, generally low ash fusion temperatures, and poor plastic properties.
Pacific Environ executive director Paul Byrne said the company had lodged 25 EPCA’s with the Queensland Department Mines and Energy, of which 21 are non-competing and four are competing.
He said further independent reviews were being undertaken to identify exploration potential for each of the exploration targets.
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