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Kalium Lakes Ltd.
Summary
| Project: | Beyondie | |
|---|---|---|
| Deposit: | Beyondie | |
| Location: | Australia | |
| Commodities: | Potash | |
| Date: | 1/11/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-1-2017: Kalium Lakes Ltd. announces a Resource Estimation report for its Beyondie deposit at the Beyondie project. Updated mineral resource estimate for Beyondie project. Kalium Lakes Potash Pty Ltd (KLP) is a privately owned company with ~ 2,400 km2 o | |
| Resources: | (Resource): 0.94Mt SOP @ 7145mg/l K (Ind) and 18.84Mt SOP @ 6051mg/l K (Inf) | |
| CP/QP: | [Resources]: Thomas Schicht, Anke Penndorf (K-UTEC AG Salt Technologies) | |
| ABSTRACT: | Kalium Lakes Potash Pty Ltd (KLP) is a privately owned company with ~ 2,400 km2 of granted tenements at the eastern margin of the East Pilbara region of Western Australia. KLP is looking to develop a sub-surface brine deposit to produce 75-300 ktpa of Sulphate of Potash (K2SO4 or SOP) product via evaporation and processing within the Beyondie/10 Mile tenement holding – the Beyondie Potash Project (BPP). KLP entered into an agreement with K-UTEC AG Salt Technologies to prepare a Technical Report according to the guidelines of the JORC Code 2012 [1] with reference to the CIM Best Practice Guidelines for Resource and Reserve Estimation for Lithium Brines [2]. The description of the regional geology, local geology and hydrogeology was determined in KLP’s Concept Study [3] and specified by a study report of AQ2 [16]. The Beyondie potash deposit is a brine, containing the target potassium and sulphate ions that could form a potassium sulphate salt. The brine is contained within saturated sediments in at least two separate horizons below the lake surface and in sediments adjacent to the lake. The lakes are located within the broader IIgarari palaeochannel system that extends over hundreds of kilometres. | |
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