MBGS has been advising the coal Industry for more than 40 years and has provided specialist services to companies such as Xstrata Coal, Peabody, Anglo Coal and Rio Tinto, both in Australia and overseas.
It has extensive experience with coking coal, which is of particular interest to the company.
MBGS and Liberty Resources have now recovered data from about 5,700 metres of historic drilling from 64 drill holes within and near EPC 1949, substantially increasing Liberty's geological information beyond the eight holes already drilled by Liberty in the northern area.
This data has afforded Liberty significant drill cost savings and is now being incorporated into the geological model to assist drill planning and subsequent resource estimation.
The drill sites are now being scheduled for land clearance.
Liberty has also engaged the services of Bob Leach Pty Ltd, a coal quality specialist, to work closely with MBGS to determine the coal quality characteristics of coal seams identified within EPC 1949, particularly the Moranbah Coal Measures.
MBGS is assisting Liberty with:
- Exploration strategy, budgeting and supervision;
- Exploration data compilation and geological interpretation;
- Liaison with contractors, specialist consultants and coal testing laboratories;
- Preparation of a geological model; and
- Coal target identification and resource estimation.
The company had recently revealed that a high quality coking coal fraction with a crucible swell number greater than 9 can be produced from its EPC1949 coal tenement in the Bowen Basin, Queensland.
This follows an initial drill program completed and confirmed coking coal on EPC 1949. Two parallel cored holes were sampled.
The report ranked the coal's vitrinite reflectance at 1.35, well within the range for hard coking coals.
Sulphur content and fluidity were also found to be within acceptable limits. They were also found to have low phosphorus content. The relative ash placement level selected of 10.5% was also found to be at the higher end of internationally traded coal in Queensland.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.