Newspaper article Gympie Times, The Qld.

Munna Creek Coal Discovery Confirmed

Newspaper article Gympie Times, The Qld.

Munna Creek Coal Discovery Confirmed

Article excerpt

TIARO Coal Ltd has announced discoveries of 20 to 30 million tonnes of coal, which it says C[pounds sterling]appears achievableC[yen] in the Munna Creek project area, north of Gympie.

The discovery has occurred in an exploration area which runs from just north of Tiaro to near Gunalda.

A company statement says test drilling has assessed a target zone three to four kilometres wide and at least 5km long.

A company report says the discovery includes a range of coal types, from C[pounds sterling]partly anthraciticC[yen] and coking coal to thermal coal styles.

The firm says it hopes to be able to produce C[pounds sterling]a high-grade premium metallurgical coal productC[yen] and in its next phase of exploration plans to finalise coal quality testing and an assessment of the economic market potential of the find. Technical director, Jacob Rebek, said his view is that a coal resource of 20 to 30 million tonnes is achievable in the target zone. …

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