Low-Cost, High-Grade, Sylvinite Potash Project (Presentation)
Low-Cost, High-Grade, Sylvinite Potash Project (Presentation)
Low-Cost, High-Grade, Sylvinite Potash Project (Presentation)
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Strategic Asset Under Development<br />
<strong>Project</strong> Expenditure to date of $61m 1<br />
Phase 1 and 2a Exploration programme completed successfully and on time<br />
Phase 1 - 16 drill holes completed (6,577m) and 34km 2D seismic survey<br />
Phase 2a - 20 drill holes completed (5,377m) and 169km 2D seismic survey<br />
Large, Shallow, <strong>High</strong>-<strong>Grade</strong> Mineral Resource Estimate delivered<br />
Continuous high grade sylvinite horizon supports conventional underground mining with low cash costs<br />
Feasibility Study process test work completed – excellent results<br />
Coarsely inter-grown sylvinite, low insolubles and high recoveries demonstrated through simple floatation<br />
Pre Feasibility phase engineering completed<br />
Engineering work completed and cost estimation underway<br />
New target generation exercise delineates two potentially significant potash domains<br />
Kola <strong>High</strong> priority one target interpreted to have an increased aerial extent of 200%<br />
1. <strong>Project</strong> Expenditure as at end April 2012<br />
Strategic World Class <strong>Potash</strong> <strong>Project</strong><br />
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