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    Elemental Minerals Sintoukola Potash Project Review

    Investing News Network
    Jan. 30, 2012 08:21AM PST
    Potash Investing

    A review of work completed during 2011 at its Sintoukola Potash project in the Republic of Congo was announced by Elemental Minerals Ltd. (TSX:ELM,ASX:ELM).

    A review of work completed during 2011 at its Sintoukola Potash project in the Republic of Congo was announced by Elemental Minerals Ltd. (TSX:ELM,ASX:ELM).

    As quoted in the press release:

    HIGHLIGHTS:

    • Phase 2, 164 line kilometre high resolution seismic survey completed, in support of the planned update to the Mineral Resource statement for estimation of Mineral Reserves
    • Phase 2 exploration field program continues, comprising 41 drill holes (9,600 metres) for resource infill, resource expansion, geotechnical and hydro-geological purposes
    • Initial metallurgical test work has delivered excellent results, including:
    • Overall KCL flotation recovery of 94.8% with good flotation kinetics
    • Insoluble content of less than 1%, allowing the possibility of single stage de-sliming
    • Pre-feasibility trade-off studies completed and base case revised
    • LIDAR airborne topographic survey completed for mine site and infrastructure corridors
    • Bathymetric survey completed and site selection for jetty shiploader facility finalised
    • Onshore and offshore geophysical seismic refraction survey completed at the location of the jetty shiploader facility and process plant
    • Geotechnical program on the transport corridor and plant location completed, consisting of 40 trial pits, 16 CPT test (300 metres) and 16 boreholes (308 metres)
    • Two new potash domains to be drill tested; one surrounding and contiguous to the existing
    • Kola deposit (Kola High), the other, at the Dougou area (Dougou Rise) to the southwest

    Elemental Minerals Chief Executive Officer Iain Macpherson said:

    “The past year saw Elemental Minerals successfully meet key targets and milestones, which have ensured the Company’s tight development timeline has remained on track. We have a number of key objectives for 2012, including feasibility studies that, if met, will allow us to begin the conversion from an exclusive exploration licence to a mining licence towards the end of the year. Government support and encouragement for the project is excellent and we maintain a good working relationship with both government and local stakeholders. Also late this year we expect to begin limited construction and long lead equipment ordering, so 2012 promises to be a productive and exciting period for Elemental.”

    Click here to read the Elemental Minerals Ltd. (TSX:ELM) press release
    Click here to see the Elemental Minerals Ltd. (TSX:ELM) profile.

    elemental mineralstsx:elmasx:elm
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