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Location: 117 km N from Emerald, Queensland, Australia
Level 7, 12 Creek StreetBrisbaneQueensland, Australia4000
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Lake Vermont Resources Pty Ltd manages the Lake Vermont Joint Venture operations, on behalf of the joint venture participants.
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Target coal seams at the Lake Vermont Mine include the Vermont Seam and Leichhardt Seam; both contained within the Rangal Coal Measures.The Leichhardt averaging 3.2m thick and Vermont averaging 5.6m thick, along a strike length of more than 8km. The seams sub crops at a depth of 30 metres and dips gently to the east separated by an average of 32 metres of waste material. Both seams produce high quality hard coking coal and PCI coal after processing.Lake Vermont Extension ProjectCommercially recoverable coal resources in the Project occur in the Rangal Coal Measures between the crop of the Vermont Lower seam in the west and the Isaac Fault to the east from depths of 30m to 50m near the crop of the prospective seams to more than 550m depth to the Vermont Lower seam in the north-eastern corner of the deposit, adjacent to the Isaac Fault.Leichhardt Lower Seam (LHL) As the Leichhardt seam thins and deteriorates northwards, the LHL develops below it. Initially the LHL occurs as a coaly/carbonaceous horizon with no economic potential, which gradually thickens and improves towards the north. In the south, the LHL attains a mineable quality at approximately 2m thickness along a line termed the LHL Effective Limit. To the south and west of this line, the seam is considered to have no economic potential. The LHL thins to the west, and over most of the potential open cut area it is between 2m to 3.5m thick. The seam splits in the north-western corner of MDL 429 into a thin (0.3m to 0.6m) generally high ash upper seam (LHL1) and a thicker (2.2m to 3.4m) lower seam (LHL2) which is separated by 0.1m to 0.8m of coaly mudstone.Vermont Lower Seam (VL) The VL is the principal commercial seam throughout the Project area and has been intersected at depths ranging from 27m (weathered) to 557m. The VL maintains a consistent thickness of 3.5m to 4.5m until it splits in the north-western corner of the MDL into two, thin, higher ash seams, the Vermont Lower 1 seam (VL1) and the Vermont Lower 2 seam (VL2).
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