ANNUAL REPORT
Mineral Resources Tasmania
Department of Infrastructure, Energy and Resources
TITLE PAGE
Licence No:
Nature of Report:
Period Covered:
Name & Address of Licensee:
Author:
Date of Report:
25/2008
Annual Report
18 September 2008 to
18 Septem ber 2009
Tiger Coal Pty LtdC/- Resource Generation Limited
Level 12, Chifley Tower
2 Chifley Square
Sydney NSW 2000
Senior Geologist
12 December 2009
Abstract
The following activities have been completed in the immediately past 12month period:
Historical exploration data has been reviewed, recollected and thenremodeled.
Fieldwork has been conducted to define topography and indicative strataadjacent to prospective drill sites.
Land ownership details have been obtained.
Design of a drilling program has been undertaken.
Drilling tenders issued and quotes evaluated.
In the forthcoming period we expect to undertake drilling the timing of whichwill be subject to obtaining land access.,
2
Table of Contents1 Introduction 4
1.1.1 Exploration rationale (objective) and geological setting 4
1.1.2 Licence details 4
1.1.3 Location 5
1.1.4 Tenure 5
2 Review of previous work 5
2.1.1 Prior to current tenement. 5
2.1.2 During current tenement. 5
3 Exploration completed during the reporting period 6
3.1.1 Literature review 6
3.1.2 Regional exploration activities 6
3.1.3 Prospect- based exploration activities 7
4 Discussion of results 8
5 Conclusions 8
6 Environment 8
7 Expenditure , 8
3
1 Introduction
1.1.1 Exploration rationale (objective) and geological settingThis area is being explored in conjunction with adjacent tenements 26/2008 and 41/2008. Amajor common structure to the three areas, the Jericho Trough, has constrained coaloccurrence throughout the total area.
The principal objective of exploring In the Jericho region is to develop a geological andgeophysical foundation for coal resource definition of the near surface Permo-Triassic coalmeasures. Typically the Coal measures are associated with a characteristic lithic sandstonesequence which has been preserved from erosion by doierite capping. Continuity of the coalseams has been indicated by past workers through a combination of lithological, geophysicaland analytical correlation. The Jericho area comprises a series of structural trends northsouth and extends for a minimum of 50 kilometers long and varies from approximately 2-3kilometers wide. Graben structures dominate the configuration of possible coal seams.
Following the remodeling of rudimentary historical borehole data, some of which is unreliablewe now intend to test the veracity of open cut coal deposition through a series of exploratoryboreholes to define structure and presence of coal seams.
Land owner access constraints have predominantly limited the siting of boreholes in thepast. In particular some of the data obtained through a thorough investigation ofDepartmental records indicates that certain boreholes are realistically best described as"water bores".
1.1.2 Licence details
Tenement number:
Tenement name:
Tenement location:
Reporting period:
Tenement holder:
EL 25/2008
Melton MoWbray
Dysart/Melton Mowbray/Jericho
18 September 2008 - 18 September 2009
Tiger Coal Ply Ltd
4
1.1.3 Location
1.1.4 TenureFive years from 18 September 2008 to 18 September 2013
2 Review of previous work
2.1.1 Prior to current tenementThe Melton Mowbray area comprises parts of several previous EL areas originally held andexplored by CRA in the early to mid 1980's. Titles which covered parts of the present titlearea included Parattah EL 18/82, Kempton EL 19/82 and Jericho EL 20/82. The current EL25/2008 granted in this area has been designated as Melton Mowbray, being centered onthat village, and covers an area of 203 square kilometers.
2.1.2 During current tenementInitial appraisal of the data package leads to the view that the CRA geological assessmentwas carried out in a professional manner and included;
• Literature / data search - particularly of numerous existing water bores• Photo and geophysical interpretation• Field mapping• Structural interpretation
5
• Drilling target development• Core and open hole drilling• Down hole geophysics• Progressive reporting to MRT (Mineral Resources Tasmania)
The data generated was extensive. Regrettably, as with so much material provided forrecords at that time, the process of microfiche and subsequent conversion to electronic files(predominantly Acrobat) has resulted in substantial instances of poor copies of what werealready inferior-quality field plans. Further data access is impeded by the fact that theborelogs and geophysics were generally provided as appendices to progress reports and itcan be time-consuming to locate a borelog in a 360 page Acrobat file with no index; againthe odd-sized pages have led to difficult image handling.
The exploration focused on defining coal depositional environments within elongate grabenstructures. The major feature partly within this area was the Jericho graben structure,extending up to 50 kilometres on a NNW - SSE trend, and averaging several kilometres inwidth. Scout drilling which took place along the feature was possibly somewhat reduced ineffectiveness by the need to drill on public access land; certainly not all the sites on theplanning map have been drilled. Some hypotheses regarding seam development have beendeveloped and could be useful in future exploration. Unexplained termination of eRA fieldactivities occurred abruptly in 1985; a search as to whether there were other subsequenttitles could be enlightening.
Two secondary graben structures have been identified immediately to the west of MeltonMowbray and Kempton. These are possibly truncated structures of somewhat limited extent.Their resource potential has not been appraised.
3 Exploration completed during the reporting period
3.1.1 Literature reviewA thorough review of Departmental records was undertaken, this comprising the datacollection of all hard copy historical information (borehole cross-sections, reports andinterpretations) and the recompilation of that data into electronic form. Once havingcompleted that exercise which involved several months of input, that data was subsequentlyrecompiled for remodeling onto a Mincom Minescape platform.
3.1.2 Regional exploration activitiesAn extensive search was undertaken of land titles. In addition several field trips wereundertaken of the area including contact with landowners to derive an understanding ofregional topography and geological settings.
In respect to land ownership many Landowners have been identified in the tenement. A copyof the landowner information is attached herewith including a plan of the area.
Contact with several of the key landowners has been attempted this possibly relating toobtaining access to commence an exploration program.
6
3.1.3 Prospect· based exploration activities
Significant coal occurrences have been inferred (CRAE, 1984) to exist within the Jerichograben structure which extends some 50 kilometres N-S through the Midlands region Resource Generation Limited titles do not include the most southerly extent of this geologicalfeature. The graben is usually between 1 and 5 kilometres wide and bounded by sub-verticalflanking faults. Additionally the region is intersected by a number of secondary faults; theyare generally vertical or normal and trend NE-SW.
Previous exploration has been by way of both core and non-core drilling (predominantly circa1982 - 1985) plus water bores which may be anything up to a century old. This data hasbeen the subject of some rather speculative interpretation, (by previous title holders) leadingultimately to statements of 'hypothetical reserves'. Under the present JORC Code theseresults would constitute, at best, exploration results and would not support any quantificationor public statement of coal resources. The second major source of geological data to supportsub-surface exploration in the area is the State geological mapping; there is good 1:50,000coverage plus some 1:25,000 areas in digital format; mapping and publishing is circa 1976.If the data presented is accurate (spot verification field mapping required) then these mapsshould prove invaluable in identifying coal deposits. There are some structural and remotesensing geophysical data available for the area but difficulties have been experienced inloading and locating (map gridding and scaling, large data file handling) this data and it hasproven to be of minimal use. There is good magnetometer data in the far north of the areabut sparse airborne survey data over the balance of the area.
Sixteen prospective drilling sites have been selected based on the interpretation of theabove data. All of these sites will be drilled as chip-sampled open holes in the first instance.As far as possible these sites have been selected to potentially provide an intersection of the"Sequence 1" strata of previous workers - this is the uppermost member of the Triassicstratum of the region and has been inferred to be the most prospective section for economiccoal seam occurrence. These new bore sites are generally some 2 - 3 kilometres apart butit is believed that if there is continuity of seams over significant areas, then this additionaldrilling in combination with what may be gleaned from past work, has the potential to definesome economic coal occurrences. Should there be a potentially interesting intersection inanyone of these bores then some step-off drilling will be undertaken in the immediatevicinity as part of this stage of the Jericho graben assessment - at this time allowance ismade for 2 target areas to be assessed with 5 holes, including one core hole, in each of theprospective targets. Jericho graben exploration drilling is detailed in the followingattachments.
• Proposed drill hole locations are as shown on the attached plan "... / Jericho BoresitePlan _ April 2009.pdf " .
• Detailed drill site locations and predicted intersections are detailed in the attached ".../ Jericho Exploration Boreholes _ April 2009.x/sx "(TABLE 2).
• Estimated costs for these exploration activities are included in" / TasmanianExploration Budget _ April 2009.x/sx" .
7
4 Discussion of resultsFurther exploratory drilling is required to assist in defining the nature of structures and thecoal occurrences within those which based on work to date indicate the presence of variousgrabens. In the event that initial drilling is successful in this regard, it is believed that furtherregional drilling may prove and extend the viable limits of the deposit.
Following this stage in the proving of the resource, and assuming results continue to beencouraging, a significant grid-infill drilling program would be undertaken. Coal quality of thedeposit will also be addressed as part of these drilling and sample analysis activities; it mustbe recognised at all times that coal occurrences in this coalfield are predominantly poorerquality high-ash steaming coals. Finally, a bulk sampling exercise would need to be carriedout - the most appropriate sampling method remains undecided at this time.
5 ConclusionsInvestigate the presence and possible quantity of coal within the deposit as historicallyinterpretations have to be considered to be unreliable based on the nature of explorationpreviously undertaken. This was mainly due to limited access. Subject to obtaining adequateaccess a drilling program is to be undertaken in order to derive the viable presence of coaloccurrences.
A significant number of landowners are present in the tenement and this will requireconsiderable management to ensure ease of access and to minimize any negative sentimenttoward exploration or subsequent activity.
6 EnvironmentGenerally the area comprises a variation of undulating to steep properties which vary inagricultural uses.
Economic conditions have been unfavourable and this is reflected in a general "run-downstate" of infrastructure. Until recent rains, drought conditions have prevailed for a number ofyears.
The currently planned drilling program has been designed to result in minimal impact to thearea and any disturbance to the land will be rehabilitated at the completion of drilling.
7 ExpenditureExpenditure to date has amounted to $400,000 this being a pro-rata calculation for workconducted on all three Jericho tenements. A copy of the budgetfor the exploration programis attached amounting to $467,636, of which 35% ($163,000) relates to 25/2008. Furtherexploration will be undertaken following initial exploration which will assist in defining thepresence and location of viable coal sequences. It is envisaged that Licence conditions willbe met subject to initially achieving access and subsequent success of the first program.
8
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,,,... , 1~535ll2 PriYI1. P.rCII FreMold Tdlt 121111200710:37 I..AUR:ISTON PTY LTD LAURISTON 10 SUGARlOAF RD KEMPTON TAS 7030 CJ. MR T JOHNSON PO BOX 21 KEMPTON TAS 7000
106585 , 1~53S62 PrivlI. Ptrctl Frllilolcl Tdlt 3llo'0112OO4 12:29
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108561 • 1453se2 Pr~.to Por~eI Freellolcl THI. 301011200<112:29
108567 , 1453562 Pnv.teP.reo! FlOOXlkl nl. 28I08J2OO79:5J KEM WHITE TRANQUIUITY 305 HIGHWlD LAKE9 RO MELTON MOWBRAY TAS 7030 126 HIGHlJIJ'IO lAKES f MELTQN MOWBRAY TAS 7030
""'", 54e1356 PnYlIle Plrelll FfoelloldTllle 21102J2008 9:20 KEM WHITE TRANQUUJTY 305 HIGtt,.AN() LAKES RD MELTON MOWBRAy T,e,s 7030 126 HIGHLANO LAKES f MELTON MOWBRAY T,e,s 1030
10li1HII , 72081504 P".,IIt. P.rcel F,oelIoId TlUe 41071'2006 9:24 LOVELY SANKS PlY LTO IN KELVIN GROVE 33S3 MtOt.AND HWV MELTON MOW9RAV TAS 7030 3997 MIOLAHO HWY t.lE.LTONMOWBRAY TAS 7030
111190 , 7449908 Prlva(& P&rcel FIWMld TWe 21106J200715::26111638 , 1857!lf16 Priva(& Parcel Fred10ld nle 30101120a4 12',29112140 , $845643 Private Parcel FrOOl1oldTI!lIl 81021200512:14112140 , 5845643 Private Parcel Fledlold Tllk! 410912000 9:58112140 , 5845643 Privale Parcel FreelloldTIlk! lBfl012001 12:213112325 , 8485149 Privale Parcel FrOOl1oldTille 26J06J20079:53 KEM WHITE TRANQUILLITY 308 HiGHLAND LAKES RD MELTON MOWBRAY TAS 7030 126 HIGHLAND LAKES FMELTON MOWBRAY TAS 7030112003 , 1453562 Private Parcel Fredlold Title BJ0Tf2000 9:14 KEM WHITE TRANQUILLITY 305 HIGHLAND LAKES RD MELlON MOWBRAY TAS 7030 12<1 HIGHLAND LAKES FMELTON MOWBRAY TAS 7030116226 , 8461498 Prlvate Parcel FremoldTitle 101021200910:81 OAKMORE PTY LTD OAKMORE+LONSDAL!l 195 IMIN ST KEMPTON TAS 7030 C/. EJ HOSKINSON PO BOX 95 KEMPTON TAS 7030116226 , 5461498 Private Parcel Fredlold Title 8JOBf200512:58116399 , 7315400 Privale Parcel FreeiloldTitle 1106120079:56 EM MCSHANE CASTLE HILL ~12 MIDLAND H'NY KEMPTON TAS 7030 3977 MIDLAND HWY MELTON MOWBRAY TAS 7030116365 , 7315400 Prlvale Parcel FremoldTitle 151111200611:021163S6 , 7315400 Private Parcel FrWleld Titkl 8Jll2!200512:14116399 , 7315400 Private Parcel Frel'tleldTitk! 8J101200314:00116566 , 1635535 Private Parcel FreEtloidTitIe 1lJ02I200812:14116566 , 1639543 Private Parcel FreEtloldTiI!e 1Ill!l20079:56 EM MCSHANE CASTLE HILL 3012 MIDlAND H'NY KEMPTON TAS 7030 3977 MIDlAND H'NY MELTON MOWBRAY TAS 7030116850 , 5461359 Private Parcel FreEtlold Tille 26J06I20079:53 TASBERRY HOLDINGS PTY CORRIDOR MIDLANDHWY MELTON MOWBRAY TN C/· MR I K DOWNIE 3289 HIGHlAND lAKES BOTHWELL TAS 7030117673 , 8465635 P,ivate Parcel Freebold Tille 26J06I20079:53 PJ & SA BIGNELL BELGROVE 3121 MIDlAND HWY KEMPTON TAS 7030 MIDLANDHWY KEMPTON TAS 7030117673 , 8465635 Private Parcel Fredlold Tille 26J06J20079:53 TASBERRY HOLDINGS PlY CORRIDOR MIDl.ANDHWY MELTON MOWBRAY TAl C/. MR I KDOWNIE 3269 HIGHlAND LAKES BOTHWELL TAS 7030117673 , 5466635 Private percel Fremold Tille 26/00120079:53 TASBERRY HOLDINGS PTY NORTH BELGROVE MIDlAND HWY KEMPTON TAS 7030 C/_ MR I K DOWNIE 3269 HIGHlAND LAKES BOTHWELL TAS 7030119904 , 7235661 Privale Parcel Fr6d1old Ti1l6 2610512007 9:83123249 , 7208154 Private Parcel Fremold Tille 311ll5l2oo79:18 HMJ MCARDLE 8. BC PATER MOUNT VERNON HOMES 3241 MIDlAND HWY MELTON MOWBRAY TAS T030 3241 MIDlAND HWY MELTON MOWBRAY TAS 7030123827 , 5461324 Prival6 Parcel Fremold Tille 26J0S12007 9:83 LOVELY SANKS ?TV LTD, EM MCSHA 38 HIGHLAND LAKES RD MELTON MO'tJBRAY TAS 7030 3977 MIDlAND HWY MELTON MOWBRAY TAS 7030123944 , 5461324 Prival& Parcel Fredlold Hie 29105120079:83 ROAnS DIVISION HIGHlAND LAKES RD MELTON MOWBRAY TAS 7030 GPOBOX44 HOBART TAS 7001124039 , 5945670 Privale Parcel Fredlold Tille 81101200314;06124039 2 564$870 Privale Parcel FreelloldTtllIl 26J00J2007 9:53 LOVELY BANKS PTV LTD 8. ( LOVELY BANKS 1231 LOVELY BANKS RO MELTON MOWBRAY TAS 7030 3997 MIDLAND HWY MELTON MOWBRAY TAS 7030124039 6 5845870 Prlvale Parcel Fr&l!!loldTitle 81021200512.:14 EM &. GM MCSHANE MELTON VAlE as HIGHlAND LAKES RO MELTON MOWBRAY TAS 7030 3977 MIDlAND HWY MELTON MOWBRAY TAS 7030124045 , 6845870 Prlvale Parc61 Fredlold Title 26I0OI20079:53 TASBERRY HOLDINGS PTY NORTH BELGROVE MIDLANDHWV KEMPTON TAS 7030 C/· MR I K DOWNIE 3259 HIGHlAND LAKES BOTHWELL TAS 70~0
124045 , $845870 Prlvale Perce1 Fredlold Title 8/101200314:06124045 , 5645870 Privale Pel'«l Fredlold Titla 201021200910:25 THE WILDERNESS PTV lTO Lot 3 MAIN ST KEMPTON TAS 7030 C/. E F WHElAN KEMPTON TAS 7030124096 , 5845603 Prlvale Percel Fredlold Title 201021200910:26 THE WILDERNESS PTV LTO Lot 3 MAIN ST KEMPTON TAS 7030 C/·EFWHElAN KEMPTON TAS 70:Ml124593 , 2589277 Prlvale Percel Frt!dloldTl1Ie 26/06120079:53 OAKMORE PTV lTD OAKMORE+LONSDALE 195 MAIN ST KEMPTON TAS 7030 C/- EJ HOSKINSON PO BOX 95 KEMPTON TAS 7030124593 , 2653013 Prlvate Parcal Frt!dloldTille 26/0612007 9:53 OAKMORE PTV LTD OAKMORE+lONSDALE 195 MAIN ST KEMPTON TAS 7030 C/_ EJ HOSKINSON PO BOX 95 KEMPTON TAS 7030125269 , 5845849 Pnvele Parcel FreeiloldTltkl 21121200516:32 OAKMORE?TV LTD OAKMORE+LONSDALE 1l)5 MAIN ST KEMPTON TAS 7030 C/- EJ HOSKINSON PO BOX 95 KEMPTON TAS 7030125969 , 1581484 Privele Parcel FreelloldTrlkl 151111200611:02 LOVELY BANKS PTY lTD &. ELOVELY BANKS 1231 LOVELY BANKS RD MELTON MOWBRAY TAS 7030 3997 MIDLAND HWY MELTON MOWBRAY TAS 7030126665 , 1438733 Pnvale Parcel Fredlold Title 51121200713:25 RCJONES REDSIDE 4208 MIDlAND HWV MELTON MOWBRAY TAS 7030 4206 MIDlAND HWY MELTON MOWBRAY TAS 7030126698 , 1436733 Privale Percel FreelloldTitle 26I08J2007 9:53 RC JONES REDSIDE 4208 MIDlAND HWV MELTON MO...VBRAY TAS 7030 4208 MIDLAND HWY MELTON MOWBRAY TAS 7030126557 , 1438733 Pnvale Parcel Fredlold Title 201tl21200910:25 CHARLTON PARK PTV lTD 839 LOVELY BANKS RD COLEBROOK TAS 7027 PO BOX 59 KEMPTON TAS 7030130637 , 7682379 Pnvale PalC61 Freenold Title 20J021200910:25 CHARLTON PARK ?TV LTD 839 LOVELY BANKS RD COLEBROOK TAS 7027 PO BOX 59 KEMPTON TAS 7030130939 , 7882379 Pnvale Parcel Freenold Titkl 51121200713:25 KL 8. WG CARNES LOVELY BANKS RO COUlBRooK TAS 7027 LOVELY BANKS RD COLEBROOK TAS 7027130839 , 7882379 Private Parcfll Freenold Title 11I0OI200313:53 DL & GL CAR~'ES lOVELY BANKS RD COUlBRooK TAS 7027 COLEBROOK TAS 7027130839 , 7682379 Pnvate Parcel FreaoldTitle 51121200713::<5 DL & GL 8. WG CARNES GREEN TIMBERS 390 LOVELY BANKS RD COUlBRooK TAS 7027 1054 MUOWALLS RD COLEBROOK TAS 7027131266 , 1693293 Private Parcel Freltlold Title 111061200313:83 RM TAYLOR MUD WALLS RD JERICHO TAS 7030 167 ELLESMERE RD JERICHO TAS 7030131827 , 7752934 Private Parcel Free'lold Tille 241011200812:42132811 , 1944049 Privllte Percel Freelold Tille 20lO2I200910:25 CHARLTON PARK PTV LTD 539 LOVELY BANKS RO COLEBROOK TAS 7027 PO BOX 59 KEMPTON TAS 7030133165 , 5946654 Private Parcel Fremold Tille 20lO2I200910:25 CHARLTON PARK PTY LTD 539 lOVELY BANKS RO COLEBROOK TAS 7027 PO BOX 89 KEMPTON TAS 7030133166 , 5945654 Prlvate Parcel Frel!'1old Tille 1108120079:56 A 8; M INVESTMENTS PTY Ll MOTHER LORDS 221 BEARDS RD COLEBROOK TAS 7027 SUNNEYSIDE SORELL TAS 7172133167 , 5945654 Private Parcel Frel!'1old Title 51121200713:25 RC JONES SOMERTON LOVELY BANKS RD MELTON MOWBRAY TAS 7030 4206 MIDlAND 'rN'IY MELTON MOWERAY TAS 7030133873 , 111771G4 P'I\'lIte Parcel Fre...old Tille 24/101200714:31 A SW~ ROSEWOOD 63SW~ST BAGDAD TAS 7030 63 'SWANST BAGDAD TAS 7030134017 , 5845756 PIIYate Parcel Free'lold Tille 21121200615:32 OAKMORE?TV lTD GLENFERN MIDlAND HWY KEMPTON TAS 7030 C/. EJ HOSKINSON PO BOX 95 KEMPTON TAS 7030134016 , 5465362 Plivate Parcol Frel!1old Tille 1108120079:56 EM MCSHANE CASTLE HILL :>012 MIDlAND HWY KEMPTON TAS 7030 3977 MIDlAND 'rN'IY MELTON MOWBRAY TAS 7030134178 , 7315400 Private Parcel Free-Jold Tille 181021200514;21 LOVELY BANKS PlY LTD WOODLANDS RUN LOVELY BANKS RD MELTON MOWBRAY TAS 7030 3977 MIDlAND HWV MELTON MOWBRAY TAS 70301'34184 , 5645651 Prlvate Parcel FreO'1old Tille 26106120079:53 OAKMORE?TV lTD GLENFERN MIDLANDHWY KEMPTON TAS 7030 C/_ EJ HOSKINSON PO BOX 95 KEMPTON TAS 7030134454 , 7315400 Private Palcel Frelnold Tille 26I0OI20079:53 EC 8; MR BATT WOODLANDS 3452 MIDLAND HWY MELTON MOWBRAY TAS 7030 3452 MIDLAND 'rN'IY MELTON MOWBRAY TAS 7030137120 , 2563246 Aulhority Land CrO'o'llLand 11ll8J20079:56 EM MCSHANE CASTLE HILL 3012 MIDlAND HWY KEMPTON TAS 7030 3977 MIDlAND HWY MELTON MOWBRAY TAS 7030137120 , o Authorlty Land Crfllon Land 2B1OOJ2oo711:63 THE FOLLIES PTY LTD THE FOLLIES MIDlANDHWY MELTON MOWBRAY TAS 7030 RSD4206 MELTON MOWBRAY TAS 7030137742 , 2176747 Private Parcel Free'lold Tille 271031200714:10 MURRAY JONES 8; SONS PT THE GRANGE 142 GRANGE RD KEMPTON TAS 7030 142 GRANGE RD KEMPTON TAS 7030137743 , 2176755 Private Parcel Froelold Tilia 181021200514:21 LOVELY BANKS PTV LTD, EI SANDHILL 140 LOWER MARSHES RD JERICHO TAS 7030 ~977 MIDlAND HWY MELTON MOWBRAY TAS 7030137975 , 7752934 Private Parcel Free10ldTille 410912000 9:68 RCJONES SUNNYHAVEN MIDLAND HWY MELTON MOWBRAY TAS 7030 4209 MIDLAND HWY MELTON MOWBRAY TAS 7030138023 , 7752934 Plivate Parcol FreO'lold Tille 410912000 9:58 OJ GRYBAS-MOUNSEY TEDWORTH TEDWORTH DR MELTON MOWBRAY TAS 7030 69 SWANSEA ST EASTVICPAAK WA 6101143511 , 2933632 Private Parcel Free'1old Tille 4109120009:58 LOVELY BANKS PTY LTD &. ELOVELY BANKS 1231 LOVELY BANKS RD MELTON MOWBRAY TAS 7030 3997 MIDlAND HWY MELTON MOWBRAY TAS 7030143532 , 252B271 Plivate Parcel Frel!'1oldUIa 410912000 9:68 lOVELY BANKS PTY LTD, EI SANDHILL 140 LOWER MARSHES RD JERICHO TAS 7030 3&77 MIDLAND HWV MELTON MOWBRAY TAS 7030145987 , 2723200 Pr"ale Parcel FrM'loldTIlla 41ll9l20oo 9:56147991 , 5451306 Privale Palcel FlllmoldTrUa 410912000 9:56 0 GRYBAS·MOUNSEY 5 TEDWORTH OR MELTON MOWBRAY TAS 7030 TEOWORTHDR MELTON MOWBRAY TAS 7030149871 , 2765111 PrlvalePan:el Frtl«'loldTrtle 4109120009:56148672 , 2765103 Privale Parcel Fromold Tille 1710712008 8:27 LOVELY BANKS ?TV lTD. EI BROOKLYN Lol 4 LOWER MARSHES RD JERICHO TAS 7030 31177 MIDLAND HWY MELTON MOWBRAY TAS 7030
146951 , 5481306 Prival& Parcel FremoldTrtle 19/111200711:31 TELSTRA CORPORATlON UITELSTRA EXCHANGE 70 JERiCHO RD JERICHO TAS 7030 GPOBOX247~ BRISBANE OLD 4001149424 , 2919162 Prlvale Palcel Fremold Title 410912000 9:56 lOVELY SANKS PlY LTD. E' NORTHUMBRIA 400 JERiCHO RD JERICHO TAS 7030 3977 MIDLAND HWY MELTON MOWBRAY TAS 70~
149425 , 2919192 Prlvale Palcel FIee10ldTltle 19/111200711:31 DA BOWERMAN 67 JERICHO RD JERICHO TAS 7030 67 JERICHO RD JERICHO TAS 7030149426 , 2919192 Prlvale Parcel Freelold nUe 17107120088:27 CPWILLIAMS Lot 1 LOWER MARSHES RD JERiCHO TAS 70~ PO BOX 256 RICHMOND TAS 7025
149429 , 2919192 Prlvale Parcel F'e<nold Tille 19/111200711:31 KM&GJBURNS 69 JERICHO RD JERICHO TAS 70~ 69 JERICHO RD JERICHO TAS 7030
151701 , o Casament Cre',," Land 41ll9120oo 9:58 TRUSTEES JERICHO HALl. JERICHO HALL JERICHORD JERICHO TAS 7030 JERICHORD JERiCHO TAS 70:Ml
152459 , 2820192 Prlvale Parcel FIe<:rloldTrtle 19/111200711:31 JA&MLlOVELL 77 JERiCHO RD JERICHO TAS 7030 JERICHORD JERICHO TAS 7030
152005 , 2620205 Plivale Parcel Fr8010ldUle 410712008 9:24 DEPT OF PRIMARY INDUSTRIES WAT Lot 2 LOWER MARSHES RD JERICHO TAS 70~ GPO BOX 44 HOBART TAS 7001
163401 , 2660426 Plivale Parcel Free10ldTilie 8/111200511:12 lOVELY BANKS PTY lTD, EI NORTHUMBRIA 400 JERICHO RD JERICHO TAS 7030 3977 MIDLAND HWV MELTON MOWBRAY TAS 7030
199~01 , 2669332 P,ivat& Parcel Free'loldTrlle 13/1212001 16:52 THE TRUSTEES OF THE DIC ST JAMES CHURCH JERICHORD JERICHO TAS 7030 125 MACQUARIE ST HOBART TAS 7000
200232 , 5461703 P,ivate Percel Frel!'101d TLtie 161021200514:21200354 , 5461711 Private Palcel Frel!'101d Tille 17107120066:27 lOVELY BANKS PlY lTD, EI BROOKLYN Lol 4 LOWER Mi\.RSHES RD JERICHO TAS 7030 3977 MIDlAND HWY MELTON MOWBRAY TAS 7030
200633 , 2653013 PliI'lIte Parcel Fll!e'1oldTilIe 19/111200711:31 GK8.GABAAWICK 68 JERICHO RD JERICHO TAS 7030 68 JERICHO RD JERICHO TAS 7030
212248 , 5465595 PliI'lIte Parcel FI....,oldTltle 131121200115:52 BC & EE FLAKELAR SCHOOL HOUSE 470JERICHO RD JERICHO TAS 7030 470 JERICHO RD JERICHO TAS 7030
213393 , 5645611 Plivate Parcel FI,*,old T~le 61111200611:12 GM 8; EM MCSHANE GROVE HOUSE 405JERICHO RD JERICHO TAS 7030 3e97 MIDLAND HWV MELTON MOWBRAY TAS 7030
219934 , $0161324 P'lVate Par~el FI..<flold Title 4109120009:56 Rc JONES MIDLAND trN'( JERICHO TAS 7030 4206 MIDlAND I#IY MELTON MOWBRAY TAS 7030222212 , 2009340 P'ivate Pa,~el Fre~old11tle 17107120068:27 LOVELY BANKS PTY LTD, EP BROOKLYN Lot 4 LOWER MARSHES RD JERICHO TAS 7030 3977 MIDlAND HWY MELTON MOWBRAY TAS 7030222355 , 5645762 P'ivate Parcel Fle$lold T<Ue 17107120068:27 LOVELY BANKS Pll' LTD, EP BROOKLYN Lol4 LOWER MARSHES RD JERICHO TAS 7030 3977 MIDlAND HWY MELTON MOWBRAY TAS 7030224173 , o C••ement CfOo/Il Land 7/0612004 16:42 M K TAYLOR & SONS PTV L- EUESMERE 167 ELLESMERE RD JERICHO TAS 7030 187 ELLESMERE RD JERICHO TAS 7031)227021 , 5461324 PIMIlePa,cel F,...noldT,Ua 19/111200711:31 LOVELY BANKS PTYLTD,EI ~DHILL 140 LOWER MARSHES RD JERICHO TAS 7030 3977 MIDLAND HWY MELTON t,1OWBRAY TAS 7030228863 , 5461324 P'ivate Pa,cel F,edlold "'lie 410912000 a:58 LOVELY SANKS PlY LTD, EI NORTHUM6RIA 40{1 JERiCHO RD JERICHO TAS 7030 3977 MIDLANO HWY MELTON MOWBRAY TAS 7030230560 , 7774665 p,ivate Parcel F,eollold ~rtle 410912000 9:56 LOVELY BANKS PlY LTD, EI NORTHUMBRIA 400JERICHO RD JERICHO TAS 7030 3977 MIDLAND HWY MELTON MOWBRAY TAS 7030230605 , 5465635 Private Parcel F'ed1old "'lie 5111/200511:12 LOVELY SANKS PTY LTD, EI NORTHUMBRIA 400 JERiCHO RD JERICHO TAS 7030 3977 MIDLAND HWY MELTON MOWBRAY TAS 7030233024 , 5465384 Private PlIfcel F'~old"t~ 61111200511:12 LOVELY BANKS PlY LTD, EI NORTHUMBRIA 400 JERiCHO RD JERICHO TAS 70&1 3977 MIDLAND KWY MELTON MOWBRAY TAS 7030237ll6S , 5461306 Private Parcel F,e<llold"tle 14107/20056:45 OF & OF FiSH ROSEHILL 466 LOWER MARSHES RD JERICHO TAS 70;0 PAWTELLA, TAS 7120241107 , 7662376 Private Pa,cel F'II~old"t~ 14107120056:45 LOVELY BANKS PTY LTD, EI HUTTON PARK 636 MUDDY PLA,INS RD MELTON MOWBRAY TAS 7030 3977 MIDLAND KWY MELTON MOWaRAY TAS 7030242823 , 1664717 Private Pa'cel F,~old71l1e 21102120089:20 ACKLAND HOLDINGS PlY L' APSLEY PARK 610 HIGHlAND LAKES RD APSLEY TAS 7030 610 HIGHlAND lAKES f APSLEY TAS 7030244115 , 7315400 Private Pareel Fr~old"'"ille 161101200112:26 THE FOLLIES PTV LTD MOORLANDS 351 MUDDY PLAINS RD MELTON MOWBRAY TN C/.AW, JONES MIDLANDKWY MELTON MOWBRAY TAS 7030244240 , 7682165 Private Parcel Fr~old-ille 14107120058:45 RC JONES SUNNYHAVEN MIDLANDKWY MELTON MOWBRAY TAS 7030 4206 MIDlAND trN'( MELTON MOWBRAY TAS 7030
246302 , 2765103 Private Pareel Fr~{lld -ille 16/1012001 12:26 THE FOLLIES PTY LTD MOORLANDS 351 MUDDY PLAmS RD MELTON MOWBRAY TN CI-AW JONES MIDLANOKWY MELTON MOWBRAY TAS 7030246154 , 2653013 Private P8r~el Fr~{lldtlla 4109/2000 9:58 THE FOLLIES PTY LTD MOORLANDS 351 MUDDY PLAINS RD MELTON MOWBRAY TN CI_AW. JONES MIDLAND KWY MELTON MOWBRAY TAS 7030
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TASMANIAN EXPLORATION BUDGET
Drilling and directly related activities
ACTIVITY JERICHO JERICHORegional Appraisal Target Assessment
LOCATION
EastingMGA as pcr TABLE 2 as per TABLE 2Northing MGAColiarAHD
UNIT COST UNIT QUANTITY SUPPLIER TOTAL COSTOF ACTIVITY
ESTABLISHMENT
Landowner Access 8500 ea. site 50 (local contractor) 825,000 88,000 85,000Site Preparation - core hole 8800 ca. site 2 (local contractor) 81,600 80 81,600Site Preparation ~ open hole 8200 ca. site 24 (local contractor) 84,800 83,200 81,600Exploration Management 81,450 ea. bore 26 Geologist 837,700 823,200 814,500Survey (OPS approx.) 8100 ca. site 26 Surveyor 82,600 81,600 81,000Final Survey 8200 ea.bore 26 Surveyor 85,200 83,200 82,000
SUB-TOTAL S76,900 539,200 S25,700
DRILLING
No. ofcore holes 2 0 2No. ofa/holes 24 16 8Total no. afholes 26 16 10Core drilling 8225 m. 1020 82,040 0 140
Open hole drilling 8100 m. 3600 886,400 1120 560
Total drilling m. 4620 1120 700Surface casing 8628 m. 2 8100 16 10Re-casing to depth 830 m,Drilling time 8320 hr. 8 866,560Standby time 8270 hr. 4 828,080
Establishment S5,SOO only 2 SII,OOOSet~up per hole S540 hole 26 S14,040Water Cartage S60 itT 104 S6,240COllsumables OJst+ 10% hole 2600 S5,000
SUB-TOTAL S219,460
GEOLOGICAL / GEOTECHNICAL
Geological Supervision S600 per day 25 S15,000Establishment S500 2 SI,OOOAccommodation & meals SISO per day 28 S4,200Vehicle &Travel S250 per day 28 S7,000Core boxes / bags S6 m. 1020 S6,120Consumables cost + 10% hole S30 x SO SI,500Geotech Testing S3,000 avgj hole 6 S18,000Groundwater S40 per sample 20 S800Geophysics SI,500 day 5 S7,500
SUB-TOTAL S61,120
CORE ANALYSIS ACIRL2 cored holes2 seams/cored hole3 coal plies/seam4 stone plies/seam
Raw Coal Ply S132 ea. 12 SI,584Stone Ply S77 ea. 16 SI,232
Raw Coal Composite (est.) S400 ca. • SI,600Composite Section F/S S920 ea. • S3,680Clean Coal Steaming Compo SSI5 ea. 4 S2,060Contingency SIOO,OOOSUB-TOTAL S1I0,IS6
GRAND TOTAL $467,636
5330000
5325000
ooסס532
5315000
,0
JERICHO TROUGH - Proposed Exploration Borehole Sites TABLE 2
REGIONAL APPRAISAL SITES
Grid Location: MGA94SITE BORE EASTING NORTHING COLLAR est T.D.
TYPE (mE) (mN) (m) (m)
1-01 OIH 525,362 5,320,182 440 70 No. afCore Holes 01-02 OIH 525,489 5,315,701 400 70 No. of a/Holes 161-03 0/1-1 523,612 5,313,182 375 70 Total Holes 161-04 OIH 525,912 5,312,082 410 701-05 OIH 525,512 5,309,532 400 70 Total Core (m) 01-06 O/H 525,029 5,306,586 400 70 Total OlHole (m) 11201-07 0/1-1 525,412 5,301,982 440 70 Total Drilling (m) 11201-08 OIH 525,806 5,299,038 455 701-09 OIH 526,812 5,297,032 450 70 Average Core Depth 01-10 OIH 529,426 5,295,090 500 70 Average GlHole Depth 701-11 OIH 529.273 5,293,245 230 701-12 O/H 530,062 5,290,882 240 701-13 0/1-1 530,512 5,288,982 210 701-14 O/H 531528 5,286,373 240 701-15 OIH 512,988 5,290,018 330 701-16 OIH 515,585 5,286,861 300 70
TARGET ASSESSMENTSITES
Grid Location: -SITE BORE EASTING NORTHING COLLAR estT.D.
TYPE (mE) (mN) (m) (m)
J-Ox.a O/H To be defined based on regional results 70 No. afCore Holes 21-0x.b OIH " " " 70 Nn. ofO/Holes 8J~Ox.c O/H " " " 70 Total Holes 101-0x.d 0/1-1 " " " 701-0x.e Core " " " 70 Total Core (m) 140
Total 0/Ho1e (m) 560
1-0y.a O/H " " " 70 Total Drilling (m) 700
1-0y.b 0/1-1 " " " 701-0y.c O/H " " " 70 Average Core Depth 70
1-0y.d 0/1-1 " " " 70 Average OlHole Depth 70
1-0y.e Core " " " 70
