Endocoal (EOC)

Shares / Stock Code

EOC

Stock Exchange / Sharemarket

Australian Securities Exchange

Endocoal (EOC) is focused on the exploration and development of hard-coking, thermal and PCI coal projects in the Bowen Basin. Endocoal's current tenement package includes over 5,000 square kilometers in the highly prized Bowen Basin region of Queensland and are immediately adjacent to many existing coal producing mines. To date 6 of Endocoal's 10 tenements have been granted by the Queensland Department of Mines and Energy which will position the company well for the future. Investors can trade Endocoal shares on the Australian Stock Exchange (ASX).

In addition Endocoal has registered 6 of its tenements, spanning approximately 2,800 square kilometers for the potential development of Underground Coal Gasification (UCG). With a combination of experienced Board and Management plus a suite of highly prospective landholdings in the Bowen Basin, Endocoal's strategy is to develop at least two new high quality coal mines over the next 3 years. The company was listed on Australian Stock Market on 30 April, 2010.

Orion Downs Project

Orion Downs (EPC 1517) covers an area of approximately 1,020km2, with the northern tip located 60km south east of the town of Emerald in the Bauhinia Shire, Queensland. The tenement continues south on the eastern side of the township of Springsure, to intersect the Dawson Highway. The Bauhinia rail link, which extends from Blackwater to Rolleston, is situated approximately 7km to the east of the tenement, with a total rail distance of approximately 400km to the Port of Gladstone.

The Springton-to-Emerald rail line is located 10km to the west of the northern part of the tenement, which also connects to the Port of Gladstone. The Company commenced exploration at Orion Downs in June 2009 with immediate success. Intersections were made with the Bandanna Formation, Freitag Formation and Reids Dome Beds at various areas in the tenement.

Sample testing from coring of several of the Bandanna Formation intersections shows a low ash, low sulphur thermal coal with a calorific value in excess of 6,250Kcal/kg in places under a thin to moderate basalt cover. These coal properties correlate closely with the coal exported from the adjoining Rolleston open cut mine. Orion Downs is prospective for coal formations that have been identified and are currently mined or under exploration by established coal mining companies with adjacent operations.

Endocoal (EOC) Products and Services

  • Coal Exploration

Endocoal (EOC) Locations and Subsidiaries

Endocoal Head Office
Level 9, 25 Bligh Street,
SYDNEY, NSW,
AUSTRALIA, 2000
Phone: (02) 9376 6310
Fax: (02) 9376 6312

Endocoal (EOC) Share Price

Submitted by ASX Listed Company on 11 July, 2010 - 15:06

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