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Crystal Peak Minerals Inc. to complete feasibility study

Published by
World Fertilizer,


"We are very pleased with the team we have put together to deliver our feasibility study,” said Lance D'Ambrosio, Chief Executive Officer of Crystal Peak.

Crystal Peak Minerals Inc. has announced that is has engaged CH2M Engineers Inc., Norwest Corp. and Novopro Projects to complete a feasibility study and technical report in accordance with National Instrument 43-101 standards (“NI 43-101”) for its premium specialty fertilizer project on the Sevier Playa in southwestern Utah, U.S.A. (the “Sevier Playa Project”).

Findings from the fieldwork portion of the FS completed during 1Q16 confirmed or exceeded many technical metrics used to develop the Company’s Preliminary Feasibility Study (“PFS”) completed in 2013. Based upon meeting these technical markers, the Board of Directors of the Company approved going forward with the remaining phases of the FS and permitting process.

"We are very pleased with the team we have put together to deliver our feasibility study,” said Lance D'Ambrosio, Chief Executive Officer of Crystal Peak. “The fieldwork portion was very encouraging so we look forward to optimizing our project, delivering a great study, and creating real value for our shareholders.”

CH2M will assume the role of lead FS consultant and will be responsible for coordinating the overall delivery of the FS.

The FS scope of work covers:

  • Playa: Mining plan including extraction trenches and wells, and the water recharge system.
  • Process facilities: Process ponds and product refinery from salt harvest to load out, warehouse, administration, and process yard facilities.
  • Infrastructure: Power, gas, water, communication, access roads, and load-out facility.

The FS will include early work to evaluate opportunities for project optimisation with the potential to significantly improve project economics.

Novopro will be responsible for evaporation pond and process plant design, engineering, and cost estimation.

Read the article online at: https://www.worldfertilizer.com/materials-handling/15062016/crystal-peak-minerals-inc-to-complete-feasibility-study/


 

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