(TSX-V: NPK | OTC: AMHPF)
Verde Potash is a mineral exploration and development company founded by Brazilians in 2005. The company is focused on the development of Cerrado Verde project. Cerrado Verde is source of a potash rich rock from which Verde Potash plans to produce a slow-release, non-chloride, multi-nutrient, fertilizer product. Verde Potash is a UK public company with shares listed on the TSX Venture Exchange since November 2007.
Highlights
- Deposit is at surface with an area of 100km by 6km
- Management team has deep industry experience
- Significant domestic market for potash in close proximity
- Potash product uniquely suited for Brazil: free of "salts" and slow release
- Development/distribution partners (2 yr/15% offtake agreements): ArcelorMittal, Agrifirma, Sekita
- Tight share structure / Well-funded
- Preliminary Economic Assessment indicates robust economics
- Full backing of local state government: tax incentives, financing options, assistance with permitting
Share Structure ( details)
Shares O/S: 32.4MM
Warrants: n/a
Options: 2.97MM
Resources
* NEW * Northern Miner "Verde Potash heats up on Brazilian thermopotash" (pdf)
Company web site
Video overview of Verde Potash
Corporate presentation - September 2011 (pdf)
Development Timeline
Excerpt from John Kaiser's write-up
Pescod's "Lottery Ticket" article
In Situ Value model
The Brazil Board - SI board for Brazil discussion
The Cambridge Process: Wikipedia - Univ of Cambridge
Charts: Daily, Daily II, Weekly
Images
2011 Cerrado Verde drilling (pdf)
Apatite Project map - phosphate deposit - Detail map
Regional Claim map (FVS is Verde Potash)
Pilot plant: 1, 2, 3, 4, 5
CV from Google Earth: 1, 2, 3
Cerrado Verde drill hole locations
Cerrado Verde property map showing the Funchal Norte target
Verde Potash on Flickr
Milestones - 2011 - Limestone (Calcario) drill results - done
- Phosphate (Apatita) drill results - done
- Exploration drilling on five additional phosphate targets - in progress
- Potash (verdete slate) drilling to develop a 43-101 resource over the 100Km+ strike - in progress
- Upgrade of current 43-101 resource to measured and indicated - in progress
- Field test results (multiple crops)
- Cambridge Process: efficacy/scalability test results | scoping study | patent approval
Milestones - 2012
- Cambridge Process PEA in 1Q12.
- TK Definitive Feasibility Study in first half.
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