Kropz Plc (GB:KRPZ) has released an update.
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Kropz Plc, an emerging African phosphate producer, has announced a significant improvement in their Mineral Resource Estimate for the Elandsfontein Phosphate Project, with a 72% increase in Measured and Indicated resources from the previous year. The updated reserve estimate, bolstered by successful infill drilling, now stands at 26.63 million tonnes at a grade of 9.38% P2O5, marking an increase in both reserve tonnes and grade. This positive development suggests a more accurate and confident outlook for the project’s future mining operations.
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