Ann: Potential For Phosphate Mineralisation at Frewena, page-10

This is good news and another free kick.

We all know that 90% of Australia's phosphate sits in the Georgina Basin AND that our direct next door neighbour has a 1 billion tonne P2O5 resource sitting in Wonarah...

"There are five basin structures wholly or partly within Inca ground that have been identified to date that warrant investigation(Figure 2). The most prominent of the five are two that are located northeast and north-northwest of Wonarah. The basinnortheast of Wonarah (on Inca’s Frewena Frontier Project) is particularly interesting in that it has not been drilled. It has anarea roughly 50%-75% larger that of the basin that hosts Wonarah. The basin north-northwest of Wonarah is approximately100% larger than the Wonarah basin"



We also know that Avenira is proposing to... "mine the phosphate at Wonarah, hauling it to Tennant Creek by road, railing it from Tennant Creek to Darwin, then... a direct shipping operation, which will start as early as the first half of 2023". They also will build Darwin's first cathode manufacturing plant which will be starting in 2024 with 10k t phosphorous production per year, then 100k t in next 5 years AND he hopes to grow their land to 40,000 acres. Again, we surround them! (listen from 7min mark on ABC interview with Avenira's Brett Clark) AND it sits nicely in-line with the NW-SW structural corridors...
https://www.abc.net.au/radio/programs/nt-country-hour/avenira-phosphate-plans-northern-territory/101570860




Poet

#Fertile #Funding