Sekarna Phosphate
Sekarna (100% PhosCo) is considered to be an analogue of Gasaat, 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.
The Simitu permit (100% PhosCo) contains a mineralised corridor spanning 30km which is highly prospective for copper, gold, silver and base metals. The project hosts several historic workings and numerous targets.
Situated 130km west of Tunis by sealed road and close to excellent infrastructure including rail and power, Simitu is an opportunity to expand PhosCo's exposure to base and precious metals aligning with increasing global demand for energy transition metals.
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