Phosphoric Acid, Phosphates & Fertilizers Experts

Progress Update on the Três Estradas Bankable Feasibility Study

Highlights:

  • 14,000 metre infill drilling program now complete
  • Updated mineral resource incorporating new drill results targeted for release at end of August
  • Pilot Plant testing has produced phosphate concentrates grading up to 34% P2O5
  • Comminution test work at Metso underway to test the optimization of the oxide circuit with further CAPEX savings expected
  • Revised layout of mine site significantly reduces project footprint including smaller water reservoir, tailings dam and waste piles
  • Revision to mine plan well received by State environmental agency
  • BFS just over 50% complete and permitting progressing well

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