For thousands of other reports visit RSC's Mineral Intellingence Map
Kalium Lakes Ltd.
Summary
| Project: | Beyondie | |
|---|---|---|
| Deposit: | Beyondie | |
| Location: | Australia | |
| Commodities: | Potash | |
| Date: | 9/4/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 4-9-2018: Kalium Lakes Ltd. announces a Resource Estimation report for its Beyondie deposit at the Beyondie project. Upgraded mineral resource estimate. Kalium Lakes Limited (KLL) is pleased to advise that the analysis of additional data compiled from i | |
| Resources: | (Resource, Total) 1499M m3 @ 5585mg/L K for 8.37Mt K contained at Beyondie | |
| CP/QP: | [Resources]: Thomas Schicht, Anke Penndorf (K-UTEC AG Salt Technologies) | |
| ABSTRACT: | Kalium Lakes Limited (KLL) is pleased to advise that the analysis of additional data compiled from its ongoing, industry leading, hydrogeological data collection program has delivered a 150% increase in the Beyondie SOP Project’s Measured and Indicated Resources. The upgraded Resource Estimates are summarised in Table 1 below, including Drainable Brine and Total Brine SOP estimates. Managing Director, Brett Hazelden, said: “The additional hydrogeological data, collected during this year for the BSOPP, has resulted in a considerable increase to Kalium Lakes’ Measured and Indicated Resource classifications. “This increase is anticipated to translate into a substantial increase in Ore Reserves, with an update scheduled during September. It is also likely that we will be able to increase the mine life which will, in turn, generate additional opportunities to increase our production rates.” Kalium Lakes Ltd (KLL) is developing the BSOPP and is currently progressing a Bankable Feasibility Study (BFS) due to be completed in September 2018. The SOP Resources to support the BFS have been explored since 2015, this update takes into consideration all exploration to date. Mineralisation across the Project occurs within lake sediments, palaeovalley and bedrock aquifers throughout the tenement holding, that extend from Ten Mile Lake to approximately 220km to the east. This Resource upgrade presents an updated Resource estimate concentrating on the Stage 1 area of the BSOPP. | |
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