TSX-V : GBL
Resource Hunter Capital Corp. Phosphate Mining in West Africa

News Releases


GB Minerals Ltd. Announces Closing Of C$3,000,000 Private Placement

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GB Minerals Ltd. Announces Proposed Private Placement Of C$3,000,000

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Presentation


October 2014

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

Stock Info

TSX-V: GBL
Last:0.06
High:$ 0.055
Low: $0.05
Change: +0.01
Volume:10750

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