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Harvest Minerals Ltd.
Summary
| Project: | Mandacaru | |
|---|---|---|
| Deposit: | Mandacaru | |
| Location: | Brazil | |
| Commodities: | Phosphate-Uranium-Thorium | |
| Date: | 6/16/2016 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-6-2016: Harvest Minerals Ltd. announces a Resource Estimation report for its Mandacaru deposit at the Mandacaru project. Independent JORC resource estimate completed for project. Harvest Minerals Limited (ASX:HMI, AIM:HMI) is pleased to announce that a | |
| Resources: | (Resource, I+I): 4.38Mt @ 4.55% P2O5, 15.53% CaO, 293.97ppm U, 48.97ppm Th | |
| CP/QP: | [Resources]: Bernardo H C Viana (GE21 Consultoria Mineral) | |
| ABSTRACT: | Harvest Minerals Limited (ASX:HMI, AIM:HMI) is pleased to announce that an independent JORC (2012) compliant, Indicated and Inferred Mineral Resource estimate has been completed for the Company’s 100% owned Mandacaru Phosphate Project (“Project”) in Ceará State, Brazil. Commenting on the resource estimate, Harvest Executive Chairman, Brian McMaster stated: “Completion of this resource estimate, within months of the acquiring the asset in December 2015, demonstrates Harvest’s ability to quickly and substantially add value to projects at minimal cost. With Arapua, Sergi, Capella and now Mandacaru, we are steadily building a portfolio of phosphate and potash assets that will enable us to realise our goal of becoming a significant South American fertilizer company. Whilst we continue to acquire and develop other projects, which meet our capital and cost requirements, the short term focus remains on the development of the Arapua Phosphate Project which is progressing according to the Company’s expectations.” | |
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