TSXV:AAA.P - Post by User
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Stockstag1on Sep 08, 2014 11:34am
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Post# 22915658
RE:SOP PEA will focus on six main areas covering the following
RE:SOP PEA will focus on six main areas covering the followingjubatus wrote: The PEA will focus on six main areas covering the following: 1. Preliminary Brine Field Design 2. Preliminary Evaporation Ponds Design 3. Preliminary Process Development 4. Preliminary Definition of Additional Infrastructure 5. Preliminary Cost Estimates (CAPEX and OPEX) 6. Preliminary Market Study and Financial Model
ERCOSPLAN has extensive experience with potassium sulphate minerals and processing through its work in the potash industry in Germany where SOP is and has been produced from different combinations of potassium chloride and/or magnesium sulfate bearing minerals. The PEA is expected to be completed by Q1, 2015
The mineral resource estimates disclosed herein were completed by ERCOSPLAN under the supervision of Dr. Henry Rauche, Ph.D., EurGeol, Managing Director, CEO ERCOSPLAN, Dr. Sebastiaan van der Klauw, Ph.D., EurGeol., Consulting Geologist, ERCOSPLAN and Euro Ingenieur Ralf Linsenbarth of ERCOSPLAN Ingenieurburo Anlagentechnik GmbH who are each independent Qualified Persons for the purposes of National Instrument 43-101.
Dr. Peter J. MacLean, Ph.D., P. Geo., Allana's Senior VP Exploration, is the Company's designated Qualified Person and has reviewed and approved the technical information presented in this release.