NI 43-101 Preliminary Economic Assessment - Verde Potash

Verde Potash Plc
Cerrado Verde Project
iv
NI 43-101 Preliminary Economic Assessment
23
24
22.1.2 Metallurgical ....................................................................................... 22-1
22.1.3 Mining ................................................................................................. 22-1
22.1.4 Costs .................................................................................................... 22-2
REFERENCES (ITEM 27) ............................................................................................ 23-1
GLOSSARY .................................................................................................................. 24-1
24.1 Mineral Resources ............................................................................................. 24-1
24.2 Mineral Reserves ............................................................................................... 24-1
24.3 Glossary ............................................................................................................. 24-2
24.4 Abbreviations ..................................................................................................... 24-3
List of Tables
Table 1: Grade Tonnage Report Cerrado Verde Potash Project .................................................. IV
Table 2: Indicative Economics ....................................................................................................... V
Table 3: Recommended Prefeasibility Work Program Cost Estimate (US$000’s) ....................... V
Table 2.2.1: Cerrado Verde Potash Project Tenement Schedule ................................................ 2-1
Table 8.1.1: Cerrado Verde Potash Project Summary Drilling Statistics ................................... 8-1
Table 8.2.1: Drilling Statistics .................................................................................................... 8-3
Table 8.2.2.1: Summarizes the Recovery Statistics .................................................................... 8-4
Table 9.2.1: Detection Limits of XRF Analysis ......................................................................... 9-2
Table 10.1.1: Standards Utilized by Bureau Veritas ................................................................. 10-2
Table 11.1.2.1: Results of Carbon Speciation Analysis on Two Samples from the Scoping Level
Pilot Plant ....................................................................................................................... 11-3
Table 11.1.4.1: K content in soil (Mehlich 1) After 60 Days of Incubation with Different
Sources of Potassium in a Clay Soil. ............................................................................. 11-4
Table 11.1.4.2: K Content in Soil (Mehlich 1) After 60 Days of Incubation with Different
Sources of Potassium in a Sandy Soil. ........................................................................... 11-4
Table 11.1.4.3: Exchangeable Ca in the Soil After 60 Days of Incubation with Different Sources
of Potassium in A Clay Soil ........................................................................................... 11-5
Table 11.1.4.4: Exchangeable Ca in the Soil After 60 Days of Incubation with Different Sources
of Potassium in a Sandy Soil ......................................................................................... 11-5
Table 11.1.4.5: Exchangeable Mg in the Soil After 60 Days of Incubation with Different
Sources of Potassium in a Clay Soil .............................................................................. 11-5
Table 11.1.4.6: Exchangeable Mg in the Soil After 60 Days of Incubation with Different
Sources of Potassium in a Sandy Soil ............................................................................ 11-6
Table 12.1.2.1: Block Model Summary .................................................................................... 12-2
Table 12.1.3.1: Summary Statistic – 2m Composites ............................................................... 12-2
SRK Consulting (U.S.), Inc. September 16, 2011
Cerrado Verde_NI 43-101 PEA_343500.020_007_KG