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re: Ann: UPDATED TRANSIT RECEIVES STATE APPRO... The...

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  1. 113 Posts.
    re: Ann: UPDATED TRANSIT RECEIVES STATE APPRO... The Original:
    "An exploration target of 2.3 billion tonnes of sylvinite potash ore at 32.8%KCl has been delineated within the Project."

    The Updated:
    "An Exploration Target for Potash Beds 13 and 18 of 2.5 to 3.8 billion tonnes of sylvinite ore at an average grade of 19% to 29% KCl has been delineated within the Project."


    The differences:
    1.
    Original: An Exploration Target
    Updated: An Exploration Target for Potash Beds 13 and 18(only)

    2.
    Original: 2.3 billion tonnes
    Updated: 2.5 to 3.8 billion tonnes

    3.
    Original: 32.8%KCl
    Updated: an average grade of 19% to 29% KCl


    So:
    a. For now exploration targets are beds 13 and 18, we have must more than that.

    b. 2+3 expected:
    Original 754.4 tonnes KCl
    Updated range from 475 to 1102 tonnes KCl for this 2 beds.
 
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