Brown coal seams at the project were defined as having a cumulative thickness of 20.85m, calculated at a maximum depth of 100m.

The statement was defined by 119 boreholes in the north east of the licence and brings the company’s total Latrobe Valley holdings to 442Mt of JORC-compliant inferred resource.

The company said it intends to continue expanding and exploring maiden resources at the site.

Greenpower energy focuses on brown coal exploration and licencing technology for commercial application of liquid hydrocarbons.

The company said it had identified a direct coal to liquids process which may allow it to achieve cost effective and environmentally responsible liquid coal fuel.