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Acron Completes JORC Standards Assessment of Mineral Resources at Oleniy Ruchey, Partomchorr and Talitsky Deposits

IMC Montan performed an assessment of the resources and reserves at the Oleniy Ruchey and Partomchorr apatite-nepheline ores deposits and at the Talitsky area of the Verkhnekamsk potassium-magnesium salts deposit according to JORC standards as of January 1, 2011. Acron Group owns the development licences for both deposits and the Talitsky area.

Resources and Reserves Highlights. Oleniy Ruchey deposit

Resources

Category Ore, ‘000 tonnes P2O5 grade P2O5, ‘000 tonnes 
Measured 217,997 16.14% 35,181
Indicated 32,821 13.29% 4,363
Inferred 29,405 13.64% 4,011
Total 280,223 15.54% 43,554

Reserves

Category Ore, ‘000 tonnes  P2O5 grade  P2O5, ‘000 tonnes
Proved 221,951 13.79% 30,603
Probable 33,457 11.40% 3,813
Total 255,408 13.47% 34,416

Partomchorr deposit

Resources

Category Ore, ‘000 tonnes P2O5 grade P2O5, ‘000 tonnes
Measured 122,728 7.30% 8,959
Indicated 328,622 7.48% 24,581

Inferred

125,435 7.43% 9,307
Total 576,785 7.43% 42,847

Talitsky area of the Verkhnekamsk potassium-magnesium salts deposit

Resources

Category Sylvinite, ‘000 tonnes K2O grade К2О, ‘000 tonnes
Measured 681,545 22.12% 150,727
Indicated 27,315 22.84% 6,238
Total 708,860 22.14% 156,965
Inferred 910,193 17.13% 155,874
Total 1,619,053 19.32% 312,839