The prefeasibility study, according to Tiaro Coal, would result in a “comprehensive and robust” assessment of the T9 West Area to support the next stages of project feasibility and environmental assessment.
Tiaro Coal holds a 47.6% interest in Paragon Coal, which owns EPC 956 and EPC 957.
“Information from this exploration and analysis will support extension and refinement to the project geological model improving the understanding of coal continuity and quality within the potential open cut mining areas in T9 West, and will provide key input parameters for the various disciplines within the prefeasibility study,” Tiaro said.
The Paragon metallurgical coal project is centred on the T9 West Area located within the northern portion of EPC 956.
The T9 West Area includes an 87 million tonne resource (4Mt measured, 21Mt indicated and 63Mt inferred) in the T9 West Area 2.
Initial laboratory results from large diameter samples for seams in the upper target sequence confirm coking coal properties with volatiles in the mid-30s and vitrinite reflectance likely between 0.8-1.
Further results are anticipated for the mid sequence seams targeting hard coking coal, and lower sequence seams targeting low volatile coking and PCI coals.
Geotechnical logging was also undertaken on one selected drill hole.
