For thousands of other reports visit RSC's Mineral Intellingence Map

Kalium Lakes Ltd.

opaxe

Summary

Project:

Beyondie

Deposit:Ten Mile West
Location:Australia
Commodities:Potash
Date:7/1/2020
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Mine Development
Report details:1-7-2020: Kalium Lakes Ltd. announces a Resource Estimation report for its Ten Mile West deposit at the Beyondie project. Initial Resource Estimate for Ten Mile West Deposit. Kalium Lakes Limited (KLL) is pleased to advise the maiden Mineral Resource for
Resources:(Resources, Total): 1,898Mm3 @ 5,998mg/L K (11.28Mt K)
CP/QP:[Resource] Thomas Schicht, Anke Schindler (K-UTEC AG Salt Technologies)
ABSTRACT:Kalium Lakes Limited (KLL) is pleased to advise the maiden Mineral Resource for Ten Mile West following acquisition of the Ten Mile West tenement and subsequent initial exploration in 2019. The Ten Mile West tenement is located directly adjacent to the existing Ten Mile operations. Ten Mile Lake trench pumping operations have been on-going since the start of February from 5.92 km of trench. The trench pumps have produced an equivalent of 9,000 tonnes of SOP at an average rate of approximately 40 tonnes of SOP per day up to the end of May 2020. Average brine grade has been approximately 12,400 mg/L K (27,652 mg/L SOP). The trench production has meant less brine has been required to be pumped from the borefield. The Resource Summary table for Ten Mile West is presented in Table 1 and the updated Ten Mile Lake Resources are presented in Table 2. The updated Beyondie SOP Project (BSOPP) Resource Summary is presented in Table 3 below, including Drainable Brine and Total Brine SOP estimates. Managing Director, Brett Hazelden, said: “Ten Mile West has continued to exceed our expectations with this additional 5.95 Mt of SOP Resource, increasing our total Mineral Resources by 36% to 25.37 Mt of SOP.

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