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BCI Minerals Ltd.
Summary
| Project: | Carnegie | |
|---|---|---|
| Deposit: | Carnegie | |
| Location: | Australia | |
| Commodities: | Potash | |
| Date: | 7/27/2018 | |
| Report Code: | JORC | |
| Report Type: | Scoping Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 27-7-2018: BCI Minerals Ltd. announces a Scoping Study report for its Carnegie deposit at the Carnegie project. Scoping Study results incl. Initial mineral resource estimate at the project. Kalium Lakes Limited (KLL) (Kalium Lakes) and BCI Minerals Limite | |
| Resources: | (Resource, Inf.): 0.88Mt SOP @ 3466mg/l K | |
| CP/QP: | [Resources]: Thomas Schict (K-UTEC AG Salt Technologies) | |
| ABSTRACT: | Kalium Lakes Limited (KLL) (Kalium Lakes) and BCI Minerals Limited (BCI) (BCI Minerals) (together the JV Companies), the owners of the Carnegie Potash Project (CPP) via the Carnegie Joint Venture (CJV), are pleased to announce the completion of the Scoping Study and a maiden Resource and Exploration Target for the CPP in Western Australia. A summary is detailed below and further information is contained within the attached JORC (2012) and NI 43-101 Technical Report, compiled by German Potash Experts and Competent Persons, K-UTEC AG Salt Technologies (K-UTEC) Kalium Lakes’ Managing Director, Brett Hazelden, commented: “Results from this Scoping Study on the Carnegie Potash Project support potential technical and economic viability of the project and form part of Kalium Lakes’ longer-term plan for sustainable SOP production. “With the Carnegie Potash Project being part of the Kalium Lakes portfolio, we are not only on track to become Australia’s first SOP producer from Beyondie, but are also setting up a strategic growth path, with the goal of becoming one of the world’s top tier SOP producers,” he said. BCI Minerals’ Managing Director, Alwyn Vorster, commented: “Completion of the Scoping Study is a significant milestone for the Carnegie Potash Project and follows closely after BCI’s recent announcement of the positive Pre-Feasibility Study for the Mardie Project. These projects form the core of BCI’s commitment to develop a substantial salt and potash business.” | |
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