re: Ann: UPDATED TRANSIT RECEIVES STATE APPRO...
so if we read the last investor presentation, page 11, it only refers to potash bed #18. It does not refer to potash bed #13.
Potash bed #18 at Hatch Point has an exploration target of 1,688Mt at 34.3% KCI (21.6% K20)
Potash bed #18 at Canyon Rim has an exploration target of 598Mt at 28.7% KCI (18.1% K20)
Potash bed #18 at Hatch Point has a 58 year mine life
So potash bed #13, which I have not found yet, must have the lower grades
In summary, the exploration target & area has been widened & increased, to include lower grade areas. But this does not change the core high grade resource area, as shown in the map below.
TRH Price at posting:
69.5¢ Sentiment: None Disclosure: Held