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Sunday, February 21, 2010

Moreton Energy Coal Project revisited

Core sample drilling was undertaken late last year by Lodestone Energy.  The drilling outcome results have been posted on their website and can be found on page 3 of the linked report. Quarterly Activities Report .

The objective of the program was to explore for coal resources suitable for opencut mining.  In summary it would appear that in the Veresdale Scrub, Albert River and Rathdowney deposits no obvious economic seam thicknesses were encountered.  That still leaves the Bromelton deposit as an area of interest.  Seems quite a coincidence that it is very close to the Bromelton off-stream water storage, rail-line and the new Wyaralong Dam. ??  EPC1299 is the area in question.

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