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Elemental Minerals Announces Large Mineral Resource Expansion and Upgrade for the Dougou Potash Deposit
Measured and Indicated Potash Mineral Resource of 1.1 billion tonnes grading 20.6% KCl
Inferred Potash Mineral Resource of 2.0 billion tonnes grading 20.8% KCl
Perth, Australia, 9 February 2015 - Elemental Minerals Ltd. (ASX: ELM) ('Elemental' or 'the Company') is pleased to announce Measured, Indicated and Inferred Mineral Resources for the Dougou Potash Deposit, completed by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH ("ERCOSPLAN"), as an update to the previous Inferred Mineral Resource1 for this high-grade-carnallitite2 deposit, part of the Company's Sintoukola Potash Permit in the Republic of Congo ("RoC")
Highlights
o Measured and Indicated Mineral Resources of 1.1 billion tonnes (Bt) grading 20.6% KCl
o Resources hosted by 4 continuous seams with a combined average thickness of 35 metres of carnallitite
o The Hangingwall Seam (HWS) grades 24.6% KCl, averages 10 metres thick, and accounts for 311 Mt of the Measured and Indicated Resource, and 564 Mt (grading 24.7% KCl) of the Inferred category.
o Simplicity of the deposit is a major advantage: 3 and sulphate content.
o Ease of Infrastructure: Abundant electricity and gas (a key input to the solution mining process) is available within 70 Km. Dougou is 10 km from the tarred national road, 12 km from the coast and
o Above attributes will factor in the Scoping Study to be reported during February (2015). Elemental is confident that the Dougou Deposit will support a low-cost solution mine.
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Elemental Minerals Limited
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CODE : ELM.AX |
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Elemental Min. est une société d’exploration minière d'or basée en Australie. Elemental Min. est cotée en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 121,6 millions AU$ (109,6 millions €). La valeur de son action a atteint son plus haut niveau récent le 08 avril 2011 à 2,99 AU$, et son plus bas niveau récent le 28 août 2015 à 0,12 AU$. Elemental Min. possède 760 299 968 actions en circulation. |