(formerly Amazon Mining PLC)
(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: 31.9MM
Warrants: n/a
Options: 2.97MM
Resources
Company web site
Video overview of Verde Potash
Investor presentation (pdf) - May 2011
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
Charts: Daily, Weekly
Images
* NEW * 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
Cerrado Verde project map
Cerrado Verde project photo
Cerrado Verde project photo gallery
CV from Google Earth: 1, 2, 3
Cerrado Verde drill hole locations
Cerrado Verde property map showing the Funchal Norte target
Madeira gold property: Suction dredge, Banded sandy mocororo
Tucano vanadium property
Verde Potash on Flickr
Milestones - 2011
- Name change to Verde Potash / Symbol change to NPK (done)
- New web site (in progress, targeted for June)
- Graduation to TSX from TSX-V
- Limestone drill results
- Phosphate drill results from Apatita
- Exploration drilling on five additional phosphate targets
- 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: carrots (Sekita) (to be re-run)
- Field test results: soybeans (Agrifirma)
- Field test results: corn (Agrifirma)
- Field test results: cotton (Agrifirma)
- Field test results: sugarcane (Embrapa)
- Field test results: eucalyptus (ArcelorMittal)
- Cambridge Process efficacy/scalability test results
- Cambridge Process scoping study
- Finalized financing terms with Minas Gerais (state govt)
- Additional exchange listings
- Potential cement company spin-off (limestone)
- Cambridge Process patent approval |
