News

Miner discovers 69m tonnes of coal

A map of the Ipswich region’s mining leases released to the Australian Stock Exchange by OGL.
A map of the Ipswich region’s mining leases released to the Australian Stock Exchange by OGL.

THE company that plans to start mining coal on Ipswich's outskirts says it has found even more coal under one of its planned sites.

OGL Resources is in the process of buying the 9202 hectare Bremer View coal project under Mineral Development Licence 172 and the nearby Ebenezer mine.

OGL plans to reactivate Ebenezer (Mining Lease 4712) near Amberley this year as an open cut mine, pending the result of a Supreme Court challenge.

Early this month, the Queensland Times revealed another company, Cuesta Coal, is about to start coal exploration adjacent to the Ebenezer mine.

OGL's managing director Allan Fidock told the Australian Stock Exchange a geological study of the Bremer View project revealed more coal than first thought.

Mr Fidock said there was a 33% increase - or 68.7 million tonnes - to 276.9 million tonnes of coal in the Bremer View project.

The geology model conducted last year showed there was 208.2 million tonnes in the project.

The first study used 360 historical drill holes while the updated geology model was the result of more drill holes.

The revised coal resources are based on a review of 460 drill holes, of which 435 holes were used to build the geology model.

The model also revealed an additional exploration target of 366.6 million tonnes of coal within the Bremer View project area.

Mr Fidock said this extra exploration target would need further drilling.

"The total coal package at the Bremer View project is contained within an approximate 120m suite of coal interbedded with shale, siltstones, carbonaceous mudstone and sandstone," Mr Fidock said.

"The Ebenezer coal sequence is predominately in the central portion of the lease area containing eight seam groups of coal units and the underlying Mount Mort coal sequence is in the western part of the lease containing an additional six seam groups of coal units.

"The company's priority is to complete the acquisition of the two tenements - ML 4712 and MDL 172 - and conduct infill drilling and exploration on MDL 172 as part of the Mineral Development Licence obligation, working closely with the local landowners to minimise ground impact."

A group headed by Flight Centre founder Graham Turner is appealing the validity of former Queensland Mines Minister Stirling Hinchliffe's decision to renew a lease on the abandoned Ebenezer coal mine.

Mr Turner's group is also opposed to the Bremer View coal project which he says is a threat to about 300 landholders and a large koala population.

Topics:  bremer view coal project, cuesta coal, ogl resources




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