K2P kore potash limited

Elemental Minerals (ASX:ELM) has kicked off a Scoping Study on...

  1. Elemental Minerals (ASX:ELM) has kicked off a Scoping Study on the 1.29 billion tonne Dougou carnallitite deposit at its Sintoukola Permit in the Republic of Congo.
       
    The study aims to establish the economic fundamentals of a potash mine at Dougou, taking advantage of the qualities of the deposit and its potential suitability for solution mining.

    Dougou features flat or gently dipping thick extensive seams, insoluble content of less than 0.2%, continuity of grade and thickness and high grade for carnallitite.

    German consultancy ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH will undertake the study, which is expected to be completed during the first quarter of 2015.

    Ercosplan has more than half a century of experience in process design and mining throughout the mineral salt industry.

    It has completed more than 500 projects treating more than 40 products, including the large Mengo Potash Project in the ROC, also a solution mine and currently under construction.


    Dougou

    Dougou has an Inferred Resource of 1.29 billion tonnes grading 21.72% KCl, including 520 million tonnes grading 24.58% KCl within the Hangingwall Seam.

    The carnallitite seams at Dougou are at between 400 and 600 metres depth, are either flat or very gently dipping, have thick halite above and below, and have insoluble content of less than 0.2%.

    Continuity of grade and thickness appears to be excellent.

    It is anticipated that these characteristics coupled with the high grade for carnallitite are ideally suited to solution mining.

    Dougou is part of the company’s 97% owned Sintoukola Potash Project.

    In September 2012, it completed an advanced Pre-Feasibility Study on its Kola Project, which has Proven and Probable Reserves of 152 Mt of sylvinite ore with an average grade of 31.7% KCl

    A Mining License and ESIA approval for Kola were granted in August 2013.

    The PFS has recently been updated by The Phased Implementation Study which has reduced the initial capital requirement for the project to US$908 million while maintaining operating costs of US$91 per tonne Muriate of Potash.

    The company plans to commence its Definitive Feasibility Study (DFS) for Kola during 2015.



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