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LIBERTY RESOURCES LIMITED - ASX: LBY
The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.
Description
Liberty Resources Limited (ASX: LBY) is focussed on the commercial deployment of Underground Coal Gasification projects. Liberty holds extensive deep coal tenements in the Galilee, Surat and Denison Basins in Queensland, Australia.
Liberty has an exploration target range of 280 – 350 Billion tonnes of thermal coal for its Queensland projects. The coal is currently undergoing feasibility studies to determine its suitability for Underground Coal Gasification (UCG).
The UCG process involves gasification of deep coal seams in-situ. The gasification process produces a clean energy product known as Synthesis Gas (Syngas), and gives us the opportunity to utilise some of the world’s vast coal stock in a sustainable, environmentally responsible, and economically efficient manner.
Liberty has a total land holding of approximately 30,000 km2 in the Galilee, Surat and Denison Basins in Queensland. An exploration target has been estimated at 280 – 350 Billion tonnes (Bt) of coal, including an inferred resource of 3.2 Bt.
Mine For
ucg, coal, csg, oil, gas
Location of operation(s)
Queensland, South Australia, Canada
Australian Basins
Galilee, Surat
Address
Unit B2, 431 Roberts Road
SUBIACO, WA, AUSTRALIA
Phone
(61 8) 9287 4488
Website
http://www.libertyresources.com.au/
Last Updated
23/03/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
