EPC2822 CARFAX WEST FINAL REPORT FOR PERIOD ENDING 11 SEPTEMBER 2022

URL: https://geoscience.data.qld.gov.au/dataset/cr135221

EPC 2822 Carfax West lies in the southwest corner of the broader Rockwood project area. The Project has a JORC Resource of 447.1 million tonnes (Mt) comprised 47.1 Mt Indicated and, 400 Mt Inferred. Geological testing has indicated that this resource lies within the Moranbah Coal Measures with beneficiation has the potential to produce anthracite and PCI Products. The southwest part of the project area warrants drill testing as German Creek Formation is suggested to occur in a series of closely spaced anticlines and synclines that may give a broad outcrop width under alluvial cover. Anticlinal positions may have the best chance of localising coal seams of the German Creek Formation near surface under the alluvial cover. In 2013 a detailed ground gravity survey was carried out by Atlas Surveying to help identify local drilling targets in the MCM's.