WELCOME TO GB MINERALS LTD. (GBL: TSX.V)
GB Minerals Ltd. is a Canadian mining exploration and development company that is focused on advancing the Farim Phosphate Project located in Guinea-Bissau in West Africa. GB Minerals Ltd. shares are listed on the TSX Venture Exchange under the symbol "GBL".
Farim Phosphate Project
High quality development phosphate project in Guinea Bissau, West Africa
World class, high quality, development phosphate project containing measured resource of 64.6 million tonnes at 29.11% P2O5, indicated resource of 28.1 million tonnes at 27.68 P2O5 and additional inferred resources of 18.3 million tonnes at 28.66% P2O5 and a 25 year mining plan for a ROM of 32.5 million tonnes at 30.4% P2O5 @ 4.5%Fe2O3 and 2.5% Al2O3 producing 25 Mt at a rate of 1 Mt/yr beneficiated phosphate rock concentrate having a grade of 33.1% P2O5 @ 1.6%Fe2O3 and 1.4% Al2O3, and total proven and probable reserves of 33.0 Mt (dry) with an average ROM P2O5 grade of 30.4%
Production license granted with feasibility study dated effective December 19, 2012 filed under the Company's profile on SEDAR at www.sedar.com on January 17, 2013
Operating cost US$77.12 per tonne FOB and total capital costs of US$238.2 million