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- Limited 2009 exploration developed JORC code-compliant resource of >200Mt ore totaling >3200 petajoules in-situ. Relative energy equivalent to approx 500 million barrels crude oil.
- Resource remains undefined at South - potential for significant resource upgrade. Extractable by UCG, minimising carbon footprint and waste.
- EPA approval granted for construction of power station close to deposit, small footprint due to UCG process.
- Seeking partner/investor to participate in development of project and power station.