Investor Presentation | Diggers & Dealers Mining Forum 2017
Appendix 1. Mineral Resources Statement (JORC Code 2012)
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Mineral Resources - December 2015 (Total Porosity)
Depth (m)
0.4-2.7
Volume (M m³)
4,036
7,047
33,004
44,088
Average Total Porosity
SOP Grade (kg/m³)
Contained SOP (Mt)
45.0%
8.41
15.0
45.0%
8.25
26.0
45.0%
8.23
122.0
45.0%
8.25
164.0
Category
Indicated
Zone
Upper
Inferred
Upper
0.4-6.0
Inferred
Lower
6.0-24.7
Total
Upper & Lower
0.4-24.7
Mineral Resources - December 2015 (Specific Yield)
Category
Zone
Depth (m)
Indicated
Upper
0.4-2.7
Inferred
Upper
0.4 -6.0
Total
Upper
0.4-6.0
Inferred
Lower
6.0-24.7
Total
Upper & Lower
0.4-24.7
Volume (M m³)
4,036
Average Specific Yield
12.5%
SOP Grade (kg/m³)
Contained SOP (Mt)
8.41
4.3
7,047
9.4%
8.25
5.5
11,083
10.5%
8.31
9.7
33,004
5.0%
8.23
13.6
44,088
6.0%
8.25
23.2
1.
2.
3.
1 2 3 a
Average depth of drilling was 24.7m, however the estimation extends to 30.0m where drilling reached that depth
Water table averages 0.4m below surface
Potassium content can be converted to SOP using a conversion factor of 2.23 (i.e. SOP contains 44.87% Potassium)
4. Mineral Resources to a 2.7m depth are 89% Indicated Mineral Resources and 11% Inferred Mineral Resources
56 2
6.
Errors are due to rounding
5. Mineral Resources below a depth of 2.7m are all Inferred Mineral Resources
7.
Information that relates to Mineral Resources has been extracted from the Company's ASX Release entitled Mackay Project Resource Update and Path to Production released on 15 December 2015
Investor Presentation | Diggers & Dealers Mining Forum 2017
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