Investor Presentaiton
Verde has 1.3Bn tons of Proven and Probable Reserves
Mineral Reserves - Proven and Probable (1) Summary
Proven
Probable
Proven & Probable
Tonnes
(Mt)
Tonnes
81
(Mt of KCI Equivalent)
13
K20 Grade
(%)
9.96%
1,217
185
9.14%
1,298
198
9.19%
Mineral Resources - Measured, Indicated and Inferred Summary
Mineral Resource Estimate
The Cerrado Verde Project mineral
resource estimate is based on 435
holes drilled at a nominal spacing of
~200m by 200m
The mineral resource
estimate was focused on a
flat-lying, sub-horizontal
mineralized domain and drill
tested to the depth of the
mineralization using a 6%
K20 grade cut-off
Drainage pattern
across Cerrado
Verde project area
Tonnes
Tonnes
(Mt)
(Mt of KCI Equivalent)
Measured
83
14
K20 Grade
(%)
10.13%
Indicated
1,389
214
9.23%
a
Measured & Indicated (2)
1,472
228
9.28%
% of K20
Inferred(3)
1,850
265
8.60%
Measured, Indicated &
Inferred
3,322
493
8.90%
0% - 5%
5% -6%
6% - 8%
8% -9%
9% -10%
10% - 15%
Source: Company, Technical Feasibility Report, AMS Consulting
Notes:
PC
1. Probable Mineral Reserve: The economically mineable part of an indicated, and in some circumstances, a measured mineral resource. The confidence in the modifying factors applied to a probable mineral reserve is lower than that applied to a
proven mineral reserve. Proven Mineral Reserve: The economically minable part of a measured mineral resource. A proven mineral reserve implies a high degree of confidence in the modifying factors.
2. An indicated mineral resource' is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics can be estimated with a level of confidence. A 'measured mineral resource' is that part of a
mineral resource for which quantity, grade or quality, densities, shape, physical characteristics are so well established that they can be estimated with a level of confidence
3. An 'inferred mineral resource' is that part of a mineral resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade
continuity
100m x 100m
spaced infil
drillingView entire presentation