Rum Jungle Resources Ltd.: Resources Rising Stars - Investor Presentation Sept 2015
24.09.2015 | ABN Newswire
Perth, Australia (ABN Newswire) - Rum Jungle Resources Ltd. (ASX:RUM) is an Australian listed company with both phosphate and sulphate of potash (SOP) resources. These minerals are essential for efficient agriculture and are critical components of the global food supply value chain.- The company is also progressing investigations into a promising silica project, which may open the door to the high purity quartz (HPQ) market which has applications in semiconductors, fibre optics and solar panels
- Over the last few years the company has compiled an attractive portfolio of projects that have moved beyond exploration:
- Discovered and evaluated the world class Ammaroo Phosphate Project located in the Northern Territory. A preliminary feasibility study has been completed with compelling results. Global process to secure cornerstone industry investment ongoing. Phosphate prices remain comparatively robust
- Built a portfolio of SOP projects based on geologically scarce potassium and sulphate brine resources. SOP is a premium potash fertiliser (current SOP prices ~US$700/t (A$980/t)) with limited supply available globally. SOP produced from brines is an organic fertiliser. The Karinga Lakes project is the most advanced SOP project with a JORC resource and a scoping study completed. Demonstrates the potential for a small scale, low capital start-up operation producing either SOP or an intermediate product, potassium magnesium sulphate
- The encouraging first-pass chemical analysis results of Dingo Hole Silica together with the geological scarcity of silica resources that meet chemical specifications for HPQ, facilitates further investigation
- Proximity to gas infrastructure for energy and existing transport infrastructure providing access to markets in Australia, Asia and Africa
- Both key fertiliser ingredient projects have the potential to be 1st-2nd quartile of global cost curves
- Processing routes defined using existing and well established technology minimising risks
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-RUM-430356.pdf
About Rum Jungle Resources Ltd:
Rum Jungle Resources Ltd. (ASX:RUM) is an Australian Securities Exchange listed, diversified junior explorer focused on highly prospective land located in Australia's Northern Territory and Queensland.
A Northern Territory and Queensland focussed mineral explorer with a portfolio including: Uranium, Potash, Phosphate and Base Metals.
Rum Jungle Resources has strategic alliances with other major Northern Territory explorers increases exposure to additional exploration areas.
Rum Jungle Resources has experienced geological management backed up by a solid financial base to fund exploration budgets.
Contact:
Rum Jungle Resources Ltd.
T: +61-8-8942-0385
F: +61-8-8942-0318
E: info@rumjungleresources.com.au
www.rumjungleresources.com.au