Phosphate Australia
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Ground Floor
41-47 Colin Street
West Perth, WA 6005
Australia - Map
Phone: 61 8 9422 9555
Fax: 61 8 9422 9599
Website: http://www.phosphateaustralia.com.au
Phosphate Australia Limited engages in the acquisition, exploration, and development of phosphate, iron, and uranium properties in Australia. The company was formerly known as Nicholson Resources Limited and changed its name to Phosphate Australia Limited in February 2008. Phosphate Australia Limited was incorporated in 2008 and is based in West Perth, Australia.
hosphate Australia Limited is in a very strong position to make new greenfields phosphate discoveries. Some of the most prospective ground in the Northern Territory is held by the Company. There are three main areas of interest (see figure):
1. Along strike from Highland Plains following the Proterozoic unconformity.
2. North of Highland Plains targeting Cambrian phosphate inliers within the Proterozoic.
3. Radiometric anomalies within the Georgina Basin itself.
Recent geological mapping by the Northern Territory Geological Survey ("NTGS") has identified outcrop and sub-crop of iron-bearing formations on the Company's tenements that lie within the South Nicholson Group. NTGS confirmed that one of these formations is equivalent to the host unit for the Constance Range iron ore deposits that lie just over the border in Queensland. The style of mineralisation has been described as Clinton type oolitic ironstones.
Iron ore exploration was conducted in the Constance Range area in Queensland in the early 1960s. Results for this exploration are based upon historical data that was prepared before the introduction of the JORC Code and as such is not able to be included in this Prospectus.
Since the discontinuation of the Constance Range iron ore project in the early 1960s, iron ore industry economics have changed considerably. The massive stratiform oolitic ironstones for which the Company's South Nicholson Basin tenements are prospective and has known occurrences, make it an excellent iron ore exploration target.
The Company's tenements in the South Nicholson Basin are under explored for iron ore and have considerable potential to convert known iron occurrences into commercial tonnages and grades. From recent mapping and site visits the Company has defined target areas for follow up.
It is the intention of the Company to follow up these targets with field mapping and sampling.
Oolitic Iron Mineralisation
Phosphate Australia Limited Chairman Jim Richards and Technical Director Lisa Wells Inspect Oolitic Iron Mineralisation on the Company’s Tenements in the South Nicholson Basin
Iron Mineralisation Targets with Aeromagnetic Image
Figure 1: Iron Mineralisation Targets with Aeromagnetic Image
Clinton Type Oolitic Iron Conceptual Model />
Figure 2: Clinton Type Oolitic Iron Conceptual Model for the Company's Iron Project
The Company's tenements in the South Nicholson Basin region are prospective for uranium. The rocks here are from Lower to Upper-Proterozoic in age and are being targeted for unconformity type uranium deposits. The "hot" (uranium rich) Murphy Inlier granite adjoins the northern part of the tenement area which could potentially act as a source for uranium rich fluids.
There are numerous airborne uranium radiometric anomalies on the Company's tenements that are prospective for uranium mineralisation; these anomalies warrant ground follow up.
The Company intends to field map and sample the uranium radiometric anomalies and associated structures. A hand held scintillometer will be used whilst mapping to assist with identifying any areas of outcropping uranium mineralisation or account for the radiometric anomalies. The results from mapping and sampling programs would provide orientation data for follow up geophysics surveys and drilling as required.
See figures below.
B.Sc Hons (Geology), MAusIMM
NON-EXECUTIVE CHAIRMAN
Jim Richards is a geology graduate of the University of London. He is a Perth based company director and geologist with 21 years experience in exploration for a wide variety of commodities.
Prior to the ASX listing of Phosphate Australia, Mr Richards was the chief executive officer and director of United Minerals Corporation NL ("UMC"). At UMC, Mr Richards led the technical team that discovered the high grade iron 'Railway Deposit' in the Pilbara. BHP Billiton acquired the Railway Deposit in February 2010 by a take-over of UMC for AUD$204 million
Mr Richards has considerable overseas experience including running his own alluvial diamond dredging operation in Guyana, South America and work on the Omai gold project (that became a major mine) also in Guyana. Other resources work includes operating in Indonesia and two years spent in both Laos and Pakistan.
Previous employers and clients have included Newmont Mining Corporation, BHP Billiton Limited and Woodside Energy Limited. Prior to his corporate career, Mr Richards served as a regular officer in the British Army Parachute Regiment.
§Jim Richards
Mr Andrew James
B. App. Sc. Hons (Geology), MAusIMM, MAICD
MANAGING DIRECTOR
Andrew James is a geology graduate of the Queensland Institute of Technology. He has 17 years of experience in the petroleum industry, 12 of them working as an independent consultant for both junior and multi-national oil companies.
Recent experience has included leading the geological teams involved in the operation and management of offshore drilling and logging operations on the north-west shelf of Western Australia. This has included responsibility for safety, administration and compliance with regulations and authorities.
Mr James generated the Company's Nicholson and Georgina Basins Phosphate-Iron-Uranium Projects. Mr James was also responsible for the acquisition of the Highland Plains phosphate deposit. He has specific skills in company administration, project generation, tenement acquisition, drilling management and joint venture negotiations.
Mr James has worked in Mongolia, Louisiana (USA), Queensland, South Australia and Western Australia. He is a Member of the Australian Institute of Company Directors.
§Andrew James
Mr Grant Mooney
B. Bus CA
NON-EXECUTIVE DIRECTOR and COMPANY SECRETARY
Grant Mooney is the principal of Perth-based corporate advisory firm Mooney & Partners, specialising in corporate compliance administration to public companies.
Mr Mooney has gained extensive experience in the areas of corporate and project management since commencing Mooney & Partners in 1999. His experience extends to advice on capital raisings, mergers and acquisitions and corporate governance.
Currently, Mr Mooney serves as a director and company secretary to several ASX listed companies across a variety of industries including technology and resources.
He is a director of ASX listed gold resources company Barra Resources Limited and renewable energy company Carnegie Corporation Limited. Mr Mooney is a member of the Institute of Chartered Accountants in Australia.
21 jahre erfahrung
Newmont Mining Corporation
BHP Billiton Limited
Woodside Energy Limited
United Minerals Corporation NL
ich sach mal nur Feine sachen sind da geboten oder etwa net??
na schaun wir mal was die nächste zeit noch so schönes bringt
mfg