Newly acquired project at home on the range

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 02 Oct 2012   Posted by admin

THE Green Range coal project near Albany in WA is now under the control of Australia Minerals and Mining Group (AMMG).
The 1123 square kilometre project is the newest addition to AMMG’s tenement holdings in the Great Southern region, with the company targeting the potential coal seams of the Green Range sub-basin.
AMMG secured one granted and two new tenement applications for Green Range, and is estimating an exploration target of between 400 million tonnes and 500mt of thermal grade coal.
The strategically located project is about 55km from the Albany port and town.
AMMG managing director Ric Dawson said the acquisition boded well for the company.
“The Green Range coal project is a significant addition to the company’s tenement holdings in this locality,” he said.
“Historical exploration has indicated that sub-bituminous or steaming grade coal exists in the Green Range basin area.”
According to Mr Dawson, the project’s site was “perfect.”
“The project is located in close proximity to the existing Albany port infrastructure, as well as the proposed upgraded infrastructure associated with Grange Resources’ $2.8 billion Southdown magnetite project,” he said.
Green Range has been explored by BHP Minerals Exploration, Rio Tinto and Phanerozoic Energy between 1980 and 2001, discovering the presence of thermal coal and sub-bituminous grade coal in the area.
According to a statement from AMMG, Green Range “could also provide additional energy alternatives for any potential magnetite processing operation in the Great Southern region of Western Australia, which would require energy for mining, crushing, processing and transport”.

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