Last checked at 23 Feb 2018 07:00
Harvest Minerals Limited / Index: LSE / Epic: HMI / Sector: Mining
23 February 2018
Harvest Minerals Limited
('Harvest' or the 'Company')
Updated Corporate Presentation
Harvest Minerals Limited, the AIM listed fertiliser development company, is pleased to announce that an updated version of its corporate presentation is now available on the Company's website at www.harvestminerals.net.
For further information please visit www.harvestminerals.net or contact:
Harvest Minerals Limited | Brian McMaster (Chairman) | Tel: +44 (0) 20 7317 6629 |
Strand Hanson Limited (Nominated & Financial Adviser) | James Spinney Ritchie Balmer | Tel: +44 (0)20 7409 3494 |
Shard Capital Partners (Joint Broker) | Damon Heath | Tel: +44 (0) 20 7186 9900 |
Beaufort Securities Ltd (Joint Broker) | Jon Belliss | Tel: +44 (0)20 7382 8300 |
St Brides Partners Ltd | Isabel de Salis | Tel: +44 (0)20 7236 1177 |
Gaby Jenner |
Notes:
Harvest Minerals (HMI.L) is a Brazilian focused fertiliser producer advancing the 100% owned Arapua Fertiliser Project, which produces KPfértil, a proven, multi-nutrient, slow release, organic fertiliser and remineraliser. KPfértil offers many economic and agronomic benefits and addresses the significant demand for locally produced fertiliser in Brazil, with its abundant agricultural land; currently, the country imports 90% of the potash it uses but has a target to be self-sufficient in fertilisers by 2020. Covering 14,946 hectares and located in the heart of the Brazilian agriculture belt in Minas Gerais, Arapua is a shallow, low cost mine with an indicated and inferred resource of 13.07Mt at 3.1% K2O and 2.49% P2O5. This is based on drilling just 6.7% of the known mineralisation, leaving significant upside potential. This resource is equivalent over 29 years' production and the known mineralisation expected to support 100+ years' production at 450,000 tonnes per annum.