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The Pinetree Project has potential for open pit and underground coal deposits.
Location: 100km west of Cooktown in the Laura Basin
Area: 670km2
Target: PCI and high rank thermal coal
Tenement: EPC 1875
Proximity to Infrastructure: There is very limited infrastructure apart from the Peninsula Development Road and Cooktown Development Road between Cooktown and Laura.
There has been very limited earlier exploration within the Pinetree Project itself. Exploration was undertaken in the 1970’s in adjacent areas. Vitrinite reflectance testing of sampled coal indicated that the high rank coal is semi-anthracitic. Numerous outcrops of coal were located. One outcrop exposed 16 metres of steeply dipping deformed coal.