Gayndah Coal
Austalia Coal Mine For Sale
Summary
Gayndah is associated with the Triassic Gayndah beds set in a group of variegated sediments with Aranbanga volcanics on EPC 2044. The adjacent lease EPC2265 has part of the Jurassic Surat Basin known to be coal bearing. This lease has not yet been drilled. Coal seams vary from 1m to 10m thick and in some locations there are up to 3 seams.
There is a 2004 JORC Inferred Coal Resource of 79 million tonnes at above 6200 kcal/kg GCV. The coal is a dry sub-bituminous coal with high ash content. Recovery tests have indicated that a minimum recovery of 24% by volume of good economic coal product is achievable with minimal processing. Further recovery tests are planned.
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