For thousands of other reports visit RSC's Mineral Intellingence Map

Gensource Potash Corp.

opaxe

Summary

Project:

Vanguard

Deposit:Vanguard
Location:Canada
Commodities:Potash
Date:5/31/2016
Report Code:NI43-101
Report Type:PEA
Project Stage:Pursuing Resource Increase/Upgrade
Report details:31-5-2016: Gensource Potash Corp. announces a PEA report for its Vanguard deposit at the Vanguard project. PEA results incl. pre-tax NPV (8%) of $322.6M, IRR of 19.55%. This report was prepared at the request of Gensource by the authors identified on the
Resources:
CP/QP:[Resources]: Louis Fourie (Terra Modelling Services Inc.)
ABSTRACT:This report was prepared at the request of Gensource by the authors identified on the title page. These are: Louis Fourie, P. Geo., Pri. Sci. Nat., of Terra Modelling Services (TMS) – Scope: Geology and Resource Estimation. Sandy Debusschere, Max Ramey and John McEwan of Innovare Technologies Ltd. – Scope: drilling, solution mining, processing, operating cost estimate, market and contracts (in conjunction with Gensource) and project economics (in conjunction with Gensource). Geoff Willkie and Sheridan Fjeld of Engcomp Engineering and Computing Professionals Inc. – Scope: capital cost estimate, site plan and equipment general arrangements. The purpose of the current Report is to 1) re-iterate the potash resources defined in the 28 April 2016 NI 43-101 Resource Report and, on the basis of the Inferred resource defined therein, 2) advance project definition by adding engineering and conceptual level project economics to create a PEA. The result is this NI 43-101 PEA for Vanguard.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report