HFR 0.00% 24.5¢ highfield resources limited

Ann: Acquisition of Major Potash Asset , page-19

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  1. 37,911 Posts.
    lightbulb Created with Sketch. 828
    it seems HFR may possibly already have a mining reserve of at least 40MT. then they may also have an exploration target, as the last announcement mentioned a JORC path

    the article link below, from 1997, when HFR's Subiza mine closed down, has a vague reference to what may possibly be 8.5MT of potash resources

    the desciption is not so clear

    but 8.5MT divided by 22% grade = 38.6 million tonnes of ore

    http://books.google.com.au/books?id=MohBygZLrD0C&pg=PA492&lpg=PA492&dq=subiza+potash+8.5&source=bl&ots=wIQiWj5H-D&sig=X_Nkteu1k6PNfBK8L_Oa21HcVas&hl=en#v=onepage&q=subiza%20potash%208.5&f=false
 
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