The Phosphate Hill Mine (located 150 km SSE of Mt Isa) is one of...

The Phosphate Hill Mine (located 150 km SSE of Mt Isa) is one of the world's largest producers and is
operated by Incitec Pivot Ltd. Surface sampling by MEX at the D10 prospect (located about 11.5km north of
Phospate Hill) returned 23m @ 12.5% phosphate(P2O5), including 2m @ 26% P2O5 �] this is within EPM
15572. Drilling at Phosphate South by MEX returned up to 7m @ 26% P2O5 �] this area is approximately
500m from the Krucible Corella boundary. The reserve ore grades at Phosphate Hill are quoted at around
23%. Krucible intends to carry out investigations of phosphate potential, particularly in areas where the host
Cambrian sediments (Beetle Creek Formation & Monastery Creek Group) are known to occur in Krucible
ground.