ASX-listed Avenira Ltd. reported a higher inferred mineral resource estimate at its Baobab phosphate project in Senegal, and the resource area is now continuous over 20 kilometers from the Gandal to Gadde Escale prospects.
Inferred resource tonnage rose almost 11% over the October 2017 estimate to 173 million tonnes grading 18% phosphorous pentoxide at a cutoff of 15% phosphorous pentoxide, the company said Feb. 5.
The indicated resource at the project remained unchanged.
"This resource update and a planned resource report are key components of Baobab's Gadde Bissik expansion and upgrade project feasibility study currently being kicked off by the company," Avenira said in the statement.
