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Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: POZ
News: Latest news
Web Site: Phosphate Australia
Other Articles: 19-05-201019-03-201029-01-2010

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Saturday September 04, 06:00Serving up support at Babcock

Support services have been among the worst performing sectors over the past month as revenue fears from the government’s austerity measures weigh heavily on the sector.

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Friday September 03, 11:40 Goldcorp snatches Andean Resources in $3.6bn deal, trumping Eldorado`s earlier bid

Both companies are vying for Andean`s Cerro Negro gold project, which is an advanced-stage, high-grade vein system, comprising 215 square kilometers. It currently has indicated resources of 2.54 million ounces of gold and 23.56 million ounces of silver, while inferred resources total 523,000 ounces of gold and 3.12 million ounces of silver.

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Wednesday September 01, 10:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Phosphate Australia

Phosphate Australia

Phosphate Australia Limited (POZ) has a clear corporate vision targeting ‘The production and sale of 500,000 to 1,000,000 tonnes per annum of premium grade rock phosphate with low contaminants into the Asian market’. 

Highland Plains is the Company’s (100% owned) leading phosphate project in the Northern Territory.  Highland Plains has an inferred resource containing 56 million tonnes at 16% P2O5. A higher grade sub-set of this resource is 7 million tonnes at 23% P2O5 in the Western Mine Target Zone (WMTZ). The WMTZ has some very shallow mineralisation and is an excellent place to target the commencement of low cost mining operations.

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Monday, December 07, 2009

Phosphate Australia drilling studies indicate large water supply potential for Northern Territory project

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Phosphate Australia (ASX: POZ) has advised that based on a 90% up-time for bores similar to WB02, it is expected an initial five bore field should provide enough water to support a one million tonnes per annum mining operation of beneficiated rock phosphate at the Company’s wholly owned Highland Plains phosphate project in the Northern Territory.

This follows the final report from a groundwater bore test drilling program in September at Highland Plains located within EL 25068 and 230 km from the Gulf of Carpentaria.

Four investigation bores were drilled in and around the area of the Highland Plains camp to assess the ground water resources that will be required to support any future mining and rock phosphate beneficiation operation.

Two bores were pump tested (WB02 and WB03), one bore was used as an observation bore during pump testing to measure drawdown (WB01) and two bores were suspended for future use (WB03 and WB04). Pump testing results were very positive for potential water production.

Pump testing of the best bore (WB02) at approximately 15 litres/second from shallow depths indicates potential yields of at least 25 litres/second with the maximum rate not determined due to capacity limitations of the test pumping equipment.

The results indicate the project area should have sufficient groundwater to support the production of one million tonnes per-annum of beneficiated rock phosphate.

With the encouragement from this water bore drilling, the Company is now initiating a study to assess the potential for a 3 million tonne per annum slurry pipeline option to the Gulf of Carpentaria.

This option would allow for much lower transport and operating expenses and provide further flexibility with transport options.

Managing director Andrew James said water was an essential part of the beneficiation process and another milestone has now been achieved by the Company.

"The path towards production and trucking to the Gulf of Carpentaria of one million tonnes per-annum of beneficiated rock phosphate is being actively pursued and has been assisted considerably by these latest results," Mr James said.

"The 3 million tonne per annum slurry pipeline option now being studied adds further potential and depth to the Company’s development alternatives."

 

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