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Lignite Resources

Lignite Deposits :: Lower Gippsland Basin

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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, EL 4416 contains a JORC-compliant resource of around 16.4 billion tonnes of lignite, within three deposits: Gormondale, Gelliondale and Stradbroke (see table below).

Click here to read the AMC Technical Report

Deposit	Measured	Indicated	Inferred	Total
Gormondale	2.30	1.66	2.16	6.12
Gelliondale	0.28	2.98	2.94	6.20
Stradbroke	-	2.58	1.49	4.07
Total	2.58	7.22	6.59	16.39

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Company Summary

Ignite Energy Resources Limited ('IER') is an Australian-based company focused on developing Exploration Licence 4416 ('EL 4416') and Exploration Licence Application 4968 ('ELA 4968'). EL 4416 contains extensive biogenic natural gas (BNG) and lignite (brown coal) resources, while both EL 4416 and EL 4968 are prospective for world-class heavy mineral sands deposits.