ryana - regarding coal in FNQ - the following is from Waratah Coal's site - they have coal tenements in the Laura Basin. We have a couple of applications underway in that general area..............whether they will be granted? time will tell...........................
TheLaura Basin is one of Mesozoic stratigraphy on the eastern side of Cape York peninsula. It forms a broad synclinal depression of Jurassic and Cretaceous sediments trending NNW. These sediments unconformably overlie an uneven basement of folded Palaeozoic sediments and granites.
Coal occurrences are common in the lower Dalrymple Sandstone. Within the Laura Basin known coking coal resources have been identified at Bathurst Range (G6-G8 with a CSN of 7-9) in the Bathurst Seam in amounts greater than 50 Mt (seam thickness >1.5 m).
Past exploration of the area has been relatively poor and reviews of historic data including geological, geophysical, and drilling programs indicate that the areas within the present lease have good potential for the discovery of export coking coal deposits.
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