Investor Presentaiton
Monto Project
35
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The Monto Project contains one exploration permit (EPC 1870) which is in the application stage.
The exploration philosophy for the Monto Project is to test for a southern extension to the Nagoorin Graben, and to
also assess the potential for a northern extension of the Mulgildie Basin.
Both the Nagoorin Graben and the Mulgildie Basin contain sequences of low rank, Jurassic coals. The Nagoorin
Graben contains very thick sequences of lignite coal which may have the potential to be bulk mined. The extent of
the Nagoorin Graben is not well defined and exploration within EPCA 1870 hopes to encounter coal bearing
sequences in the southern portion of the basin.
In the northern Nagoorin Graben a banded coal seam has been intersected in coal seam gas wells, up to 130 metres
in thickness with almost 90 metres of net coal. The coal is described as low rank lignitic coal.
Limited selective analysis of the seam indicates an ash content ranging from 13% to 50% and a Volatile Matter
content of from 16% to 40%.
The Mulgildie Coal Measures of the Mulgildie Basin contain numerous groups of thin coal seams generally 1-2
metres and have been identified as equivalent to the Walloon Coal Measures of the Surat Basin
Guildford CoalView entire presentation