According to the company, the seams are identified at less than 100m and include those being actively investigated by other explorers in the area.

It plans to drill and core shallow coal seams of the Fairhill formation, as well as drilling the deeper German Creek formation in the second quarter.

Australian Pacific said Fort Cooper coal measure seams were generally low yielding, with the potential to produce a hard coking coal product.

Through a series of acquisitions, Australian Pacific has positioned itself with both metallurgical and thermal coal projects potentially suited for underground and open cut mining.

The focus of its operations is to value-add the coal projects through evaluation of resource potential of the projects, followed up with drilling as required, to prove up the resource.

Early stage drilling has commenced on selected projects.

Following on from the value-add process, the company’s exploitation opportunities for individual coal projects include development of the project in its own right, farm-in, joint venture exploration, JV development or outright sale.