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PHOSPHATE AUSTRALIA LIMITED

ASX: POZ

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

An Australian Multi Commodity Resources Company with projects in the Northern Territory and Western Australia.

Highland Plains - Northern Territory, Australia

This project has a JORC compliant Inferred Resource of 53 Mt at 16% P2O5. The project is 100%-owned by POZ with no private royalties; the Company is currently targeting the production and sale of up to 3 million tonnes per annum of beneficiated rock phosphate from Highland Plains, to be transported by slurry pipeline to a barging facility in the Gulf of Carpentaria for export. he Company has committed significant resources to studies at Highland Plains which include multiple drill programs and the establishment of a JORC resource. Extensive flotation testwork has resulted in a quality grade of 32.3% P2O5 at 76% recovery from the coarse and fine fractions.

Ni-Cu-PGE And TMR Musgrave Project, WA (POZ 100%)

Phosphate Australia's Cu-Ni-PGE-V And TMR Project, Musgrave Project in WA is currently subject to an Option Agreement as announced to the ASX on 24 July 2014. The agreement is with NiCul Minerals Limited (NCL), a wholly owned subsidiary of ASX listed PeppinNini Minerals Limited (PNN), an established Musgrave explorer.

Nicholson Iron: Northern Territory, Australia

The Nicholson Iron Project in the NT covers a large area, with 1,300 km2 prospective for Clinton style oolitic iron mineralisation. The project is 100%-owned by POZ with no private royalties. The Company has conducted initial helicopter reconnaissance mapping and sampling work over the southern granted permit and has confirmed the presence of multiple iron rich bodies with sampled grades of up to 63.7% Fe (5.1% SiO2, 1.79% Al2O3 and 0.04% P). The Project has the potential for both large tonnage oolitic ironstone occurrences and for areas of enriched high grade iron, as sampled.

Mine For

phosphate, nickel, copper, platinum group elements, iron

Location of operation(s)

Northern Territory, Western Australia

Australian Basins

Georgina

Address

37 Colin Street
WEST PERTH, WA, AUSTRALIA

Phone

+61 8 9422 9555

Email

Website


Last Updated

25/3/2015

 

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.

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