Sekarna & Amoud Phosphate
Sekarna is considered to be an analogue of Gassaat, which is located 10km to the southwest of Sekarna. The two deposits share the same stratigraphy and similar geology.
PhosCo’s Tunisian exploration team observed phosphate in outcrop below the upper Eocene cap rock exposed by steep-sided mesa topography. No exploration targeting phosphate has been carried out over Sekarna.
Field inspection by PhosCo’s Tunisian team traced the phosphate unit, which was exposed in outcrop with mapped thicknesses of greater than 5m for more than 3km in the east and about 10m for over 4km in the west.
The
Ras Ghzir exploration permit is a separate permit to Sekarna, covering ‘Group 3’ base metals, which overprint the Sekarna phosphate (Group 5) over an area of 60km2.
Work is required to understand the presence of base metals at Sekarna to see if it can be separated from the phosphate, potentially into a by-product revenue stream or forms a separate, new, standalone project.
The Amoud application, as with Sekarna & Gassaat, is 100% owned by Himilco Resources Pty Ltd, PhosCo's wholly owned subsidiary. Amoud is adjacent to Sra Ouertane (a multi-billion-tonne phosphate deposit). Amoud is accessible by sealed road and has access to power.
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