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Project Overview

The Kodal orebody is 1.9 km long and sits in an almost vertical orientation.  The depth extent of the deposit is not known however geophysical research in the 1970s suggested it could continue to 800+ metres. The deepest borehole intersection to date is 300 m. The deposit is of variable thickness but generally consists of a 20 metre wide main ore zone within a transition zone grading out on either side. The total width of mineralisation is approximately 120 m

The Kodal deposit is an igneous deposit, unlike most of the world’s mined phosphate deposits, which are sedimentary in origin. The Kodal deposit is unusual in that it appears from preliminary test work that economic recoveries and grades of Fe and P2O5 are achievable at Kodal, assuming that the material on which test work was undertaken may be considered representative of the mineralised zones.

Igneous phosphate deposits can often produce high grade concentrates and recent test work has indicated that the Kodal phosphate can be upgraded on site to a very high grade of 41.8% P2O5. In addition, it is expected the Kodal phosphate concentrate will have low levels of contaminants compared to some other commercial phosphate products.

The initial conceptual optimisation for the Kodal project was a surface mine operating for 15 years processing 1.6 million tonnes of ore per year.  Subsequent work including the processing of transitional material suggested the project life might be extended to 20 years. It is possible that the project could produce about 200,000 tonnes of phosphate concentrate per year at a grade of 41.8% P2O5 and 650,000 tonnes of iron concentrate per year at a grade of 62% Fe.

There may be potential for underground mining once the surface mining is completed; however that needs to be assessed closer to the time.