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potash , page-13

  1. RockstarJones
    9,788 Posts.
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    05/02/11
    14:37
    Post #: 7847050
    It was mined in the 1940's. Extensively drilled in the 1980's. Has an inferred resource of 5.8 million tonnes at 5.7 K2O with minimal drilling required to upgrade it to JORC status. The top 6 metres are mineralised with a simple rip and strip operation required to mine it. They envisage a 20 - 30 year mine life processing 150 000 - 300 000 tonnes per annum.
    AIV Price at posting: 6.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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