PhosCo extends Gasaat resource with two deposit estimates
ASX-listed PhosCo has announced a maiden mineral resource estimate for the KM and SAB phosphate deposits within the company’s Gasaat phosphate project in Tunisia, totalling 20.2-million tonnes grading 20.5% phosphorus pentoxide.
The KM maiden resource is 12-million tonnes grading 20.5% phosphorus pentoxide while the SAB maiden resource is 8.2-million tonnes grading 20.6% phosphorus pentoxide.
The Gasaat mineral resource overall now stands at 166-million tonnes grading 20.6% phosphorus pentoxide, which represents the only phosphate resources controlled by an ASX-listed company in Tunisia. About 63% of the resource represents indicated resources and 29% measured resources.
PhosCo MD Taz Aldaoud says the new KM and SAB deposits are expected to have a significant impact on early production and cashflow at Gasaat owing to their low strip ratios and close proximity to the proposed processing plant.
“The already substantial global resource has grown further, extending Gasaat's scale and potential mine life, with five prospects still to be fully evaluated. Mine planning is underway and metallurgical testwork is well-advanced, both of which will be incorporated into the updated scoping study due in the third quarter of this year,” Aldaoud confirms.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest News
Showroom
M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...
VISIT SHOWROOM
Complete range of security sealing solutions including security seals bags and labels.
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
