Lignite Resources
IER's Lignite Resources
Exploration Licence 4416 ('EL 4416') is an extensive licence in the Gippsland Basin of southeast Victoria that hosts a number of near-surface and deeper lignite (brown coal) deposits. According to an independent report by AMC Consultants,
Click here to read the AMC technical report
EL 4416 Lignite Resources (Bt)
Strategically Located
IER commands a distinct infrastructure advantage over other neighbouring tenements, holding the exploration licence to the closest tenements to the coast in the Gippsland Basin. An internal logistics study has identified Barry Point as a potential bulk export point for IER's products. The Company’s second largest lignite deposit, Gelliondale, is located approximately 10km North East of Barry Point; near to existing export infrastructure placing IER at a potentially significant future cost advantage for export to the existing open mines.