Ann: Poochera Halloysite Kaolin Mineral Resource, page-12

Original



Different resource type was tested for

9.7 million tonnes of halloysite kaolin, located in two zones, is contained within the “bright white” kaolinised granite deposit.  The  9.7  million  tonnes  of  halloysite  kaolinised  granite  will  yield  5.3 million tonnes of minus 45 micron halloysite kaolin product containing 18.4% halloysite, which is significantly above the typical 10% threshold required for the ceramics industry.  92%  of  the  halloysite  kaolin  Mineral  Resource  is  categorised  asMeasured and Indicated  providing  significant  ore  for  consideration in Scoping Study investigations. 

It is IMO significant because the pricing we have talked about ($25k plus USD per ton) was for Halloysite.