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Australian Thermal Coal

Australian opportunities – Queensland thermal coal

  • Queensland exploration permits for coal (EPCA) 2198, 2336, 2337 & 2338 covering 2585km2 
  • Permits are considered prospective for thermal coal and are targeting similar style of mineralisation to the nearby East Energy Resources (ASX:EER) 1.2 billion tonne Inferred Resource EPC 1149
  • Exploration target of 6.6 billion tonnes to 18.7 billion tonnes of thermal coal1 identified 
  • Adjacent EPC 2197 with International Coal Limited (ASX:ICX) has a 1.2 Billion tonnes Thermal Coal JORC Inferred Resource3
  • Potential to leverage Indian demand for coal products through existing local Indian experience
  • Advance permitting
    • Environmental approvals for all EPC’s complete
    • Native title and cultural heritage completed

EPC 2198, 2336, 2337, 2338 granted1 It should be noted that the tonnages quoted above are conceptual in nature and there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource.

Reference ICX Prospectus

Large known resources near by

East Energy Limited - Listed on the ASX
  • Permits are prospective for thermal coal and are targeting similar style of mineralisation to the nearby East Energy Resources (ASX:EER) 1.2 billion tonne Inferred Resource EPC 1149

Sentry Petroleum Limited

  • NASDAQ listed quote a 2000 square mile coal deposit

Qld thermal coal – Excellent potential

  • Main exploration target is coal bearing sequences within the Eromanga Basin, mainly the Winton formation
  • Winton formation covers most of EPCA 2198 tenement area, intersection range in thickness from 1m to 7m (3m average)
  • The Winton Formation is the main targeted formation over EPCA 2337, 2338 which contains some 15 coal seams from surface to 130m at an average width of 3-5m per seam
  • Excellent local infrastructure – power, water, sealed rods, nearby rail lines 

Coal Quality

  • Potential coal quality can be garnered from the reported results of East Energy Resources (ASX:EER) 

NSL is targeting the same coal bearing formations Infrastructure

  • Potential link to East Energy and Hancock through existing and planned rail link to port
    • Blackall rail
    • Hancock rail
  • Potential link via southern railway to Brisbane port