For thousands of other reports visit RSC's Mineral Intellingence Map
Kalium Lakes Ltd.
Summary
| Project: | Beyondie | |
|---|---|---|
| Deposit: | Beyondie | |
| Location: | Australia | |
| Commodities: | Potash | |
| Date: | 10/3/2017 | |
| Report Code: | JORC | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 3-10-2017: Kalium Lakes Ltd. announces a Pre-Feasibility Study report for its Beyondie deposit at the Beyondie project. Initial Ore Reserve and PFS results incl. post-tax NPV(10%) A$248M, IRR of 22.5%. Kalium Lakes Limited (“Kalium Lakes” or “Company”) (A | |
| Resources: | (Reserve, Prob.): 2.66Mt @ 6373mg/L, 14.2kg/m3 K2SO4 at project | |
| CP/QP: | [Resources]: Thomas Schicht, Anke Penndorf (K-Utec AG Salt Technologies) | |
| ABSTRACT: | Kalium Lakes Limited (“Kalium Lakes” or “Company”) (ASX:KLL) is pleased to announce the completion of the Pre-Feasibility Study and a maiden Ore Reserve for the 100% owned, Beyondie Sulphate Of Potash Project (BSOPP) in Western Australia. A summary of the highlights of the PreFeasibility Study is detailed below. For further information refer to 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). Managing Director, Brett Hazelden, commented: “The Pre-Feasibility Study and Maiden Ore Reserve present a set of compelling technical and economic outcomes. “The Project, hosting Australia’s highest grade potash Brine Resource, has the potential to be a low cost, long life and high margin producer based on the industry’s lowest assumed forward looking SOP price among current project developers. “Kalium Lakes is particularly proud to be the first potash developer to announce a Pre-Feasibility Study and Maiden Ore Reserve for an Australian deposit which allows for an initial mine life of more than 20 years,” he said. “Further possible project growth is also available through either extended mine life or increased production from the wider tenement area, as well as the potential incorporation of magnesium products for which pilot scale trials will be undertaken during the coming months. “The Company has already commenced the critical path activities associated with the Bankable Feasibility Study (BFS), most notably being the pilot scale evaporation ponds and purification works. “On behalf of Kalium Lakes I wish to thank our key consultants and employees for the quality work undertaken to date. We look forward to announcing the results of the pilot scale works, project approvals, BFS outcomes and project financing in due course,” Mr Hazelden said. | |
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