Australian Pacific Coal Limited advised that its JV partner in the East Wandoan project, Cuesta Coal Limited has announced an 87% Upgrade to the Thorn Hill resource. The Thorn Hill Deposit lies within the East Wandoan JV project.

Located in south east Queensland's coal province, Australian Pacific Coal has a joint venture with Cuesta Coal Limited through 100% owned subsidiary Blackwood Resources Pty Ltd ("Blackwood"). The joint venture agreement covers four quality exploration permits prospective for shallow thermal coal.

Under the joint venture agreement, AQC has a 10% free carried interest up to the feasibility study stage with Cuesta Coal required to expend at least the minimum exploration commitment with the aim to prove up a coal resource and complete a feasibility study for the project(s).

Australian Pacific Coal Limited (ASX:AQC) is an ASX-listed company focused on the exploration and development of metallurgical and thermal coal projects. With interests in 32 coal tenements strategically located in south east Queensland's Bowen and Surat Basins, AQC has joint venture agreements in place with mining major Rio Tinto and Cuesta Coal.

Source - Australian Pacific Coal Limited

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