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Harvest Minerals Ltd.

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Summary

Project:

Arapua

Deposit:Arapua
Location:Brazil
Commodities:Phosphate
Date:11/7/2016
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Mine Development
Report details:7-11-2016: Harvest Minerals Ltd. announces an Exploration/Drilling Update report for its Arapua deposit at the Arapua project. Drilling results incl. 3m @ 4.28% P2O5, 4.97%K2O from 0m. Harvest Minerals Limited ("Harvest" or "the Company") is pleased to pr
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: n/a (n/a)
ABSTRACT:Harvest Minerals Limited ("Harvest" or "the Company") is pleased to provide an update on progress at the Maximus Prospect, part of its Arapua Fertilizer Project ("Arapua"), located in the Brazilian state of Minas Gerais. A number of work streams are being actively pursued at Maximus and a brief status report on each of these work streams is outlined below. Trial Mining Permit: Harvest's application for a trial mining permit is pending confirmation from the Departamento Nacional de Produção Mineral (DNPM). As a closing stage in the approval process, the DNPM is required to physically inspect the site and presently Harvest is finalizing the scheduling of this inspection to coincide with the completion of the civil and infrastructure works. It is expected that this matter will be concluded this month. Completion of Drilling Programme: The second drilling programme at the Maximus prospect was recently completed. The programme aims to increase the size of the current resource to support an increased mine life and production rate and define the full extent of the mineralisation. A total of 39 air core holes were drilled for 771.05m, with an average thickness of 19.8m. The majority of the holes were drilled to the east of the current resource, whilst a further ten holes were drilled to test the extent of the mineralisation over the Maximus prospect, including four holes in a kimberlite which had previously shown elevated P2O5 and K2O values from auger sampling. The drill core is currently being split and sampled and will be sent for analysis within the next week. The initial results are expected by mid-January 2017.

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