Drilling remains underway with results expected in December, but the resource upgrade was based on the data from additional historical boreholes – up from the previous resource estimate based on five boreholes.
Independent technical experts Palaris Mining were contracted for this work which covers four Hunter Valley seams.
The Whybrow seam is host to 101.7Mt and an average thickness of 3.1m while the Redbank Creek seam holds 101Mt at an average thickness of 5.3m.
The Whynot seam is up to 74.7Mt at 2.1m of average thickness while the Woodlands Hill seam accounts for a third of the total resources at 142.9Mt, with the seam averaging 3.3m.
NuCoal sees the opportunity for multi-seam longwall mining in the project which is 10km from Xstrata’s United Colliery and Peabody Energy’s Wambo longwall.
Nucoal’s vision for Doyles Creek is a commercial longwall mine alongside Australia’s first coal-centric training facility.
Palaris decided not to include results from two shallower seams in the 200-hectare project because of limited data points.
Shares in the explorer closed down 1c to 24c yesterday.
