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KRUCIBLE METALS LTD - ASX: KRB
The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.
Description
Krucible is an outstanding mineral discovery company with advanced phosphate prospects and exciting greenfields to frontier copper gold prospects! We explore many prospective areas in the richly mineralised but covered terrane south of Mt Isa in Queensland Australia!
Krucible discovered high grade phosphate at Korella,immediately south of IPL's phosphate integrated phosphate mine and mill.
Korella's Inferred phosphate mineral resource of 5.0 million metric tonnes @ 30.8% P2O5 was announced in September 2009. Krucible applied for a mining lease at Korella as a result of a positive Scoping Study. The Scoping Study has indicated an NPV of $83 million for the Project at a discounted hurdle rate of 15%. The proposed Mineral Resource Rent Tax in its present form WILL NOT AFFECT the profitability of Korella phosphate.
Krucible discovered a new copper prospect at Pilgrim near Mt Isa in 2010.
In 2010, we discovered extensive copper mineralisation outcropping on Pilgrim EPM 15072 near Mt Isa. Surface assays include 36.2% Copper, 2.20g/t Gold, 25.1g/t Silver & 14.5g/t Tellurium. Scout drilling showed these values represent supergene enrichment, however modest copper in sulphides with iron oxide alteration indicates a deeper source for the main target. Deeper drilling will be based on geophysical conductors.
We are among the first to explore the Diamantina Orogen in the NW Simpson Desert & discovered copper, gold & bismuth in outcrops at Toomba! Drill results include 3 m @ 2.4% copper and minor gold. Our exploration under cover utilises deep sensing geophysics and geochemistry to detect blind orebodies. Krucible has identified several more drill targets that could well be blind orebodies!
Krucible’s 2011 Annual Report To Shareholders - 25/10/2011
Quarterly Activities Report for the period ended 30 September 2011 - 19/10/2011
Inferred Resource Update for Korella Yttrium Deposit - 10/10/2011
Progressive Update for Yttrium Rare Earth Deposit - 7/9/2011
QUARTERLY ACTIVITIES REPORT For the period ended 30 June 2011 - 28/7/2011
DRILLING TO RE-COMMENCE ON KORELLA YTTRIUM DEPOSIT - 14/7/2011
PRESENTATION – RARE EARTH & STRATEGIC METALS CONFERENCE - 22/6/2011
Drilling Re-Commences at Garnet Prospect/Squirrel Hills EPM 15354 - 12/5/2011
March Quarterly Report 2011 - 28/4/2011
Maiden Yttrium Rare Earth Inferred Resource at Krucible's Korella Phosphate Deposit - 5/4/2011
PRESENTATION – AUSTRALIAN COPPER CONFERENCE - 23/03/2011
Yttrium Enrichment Zone at Korella - 28/02/2011
Krucible Metals December Quarterly Report - 27/01/2011
Chairman Marcus Harris - 2010 Annual General Meeting
Krucible Presentation at the Mining 2010 Brisbane Convention - October
September Quarterly Report 2010
Fertiliser Outlook Briefing in Melbourne by Ray Koenig
Mine For
phosphate, gold, copper, silver, tellurium, yttrium
Location of operation(s)
Queensland
Address
1/68 Railway Ave, Railway Estate
TOWNSVILLE, QLD, Australia
Phone
(61 7) 4772 5880
Website
http://www.kruciblemetals.com.au
Last Updated
25/10/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
