Phosco Ltd
PhosCo Limited is an Australia-based company, which is engaged in the exploration for, development and realization of mineral resource projects in Tunisia.
The business
PhosCo Limited is an Australia-based company, which is engaged in the exploration for, development and realization of mineral resource projects in Tunisia. The Company’s projects include Gasaat Phosphate, Sekarna Phosphate, Ras Ghzir, Amoud Phosphate, Zeflana, Simitu Copper-Gold, and Northern Tunisia Base and Precious Metals. Gasaat Phosphate Project is located 210 kilometers (km) south-west of Tunis by road and just 35km from the nearest railhead which connects to the Port of Goulette/Rades for export. The permit covers an area of 112 square kilometers (km2). Sekarna Phosphate Project covers over 128km2 in area and is located 10km northeast of Chaketma. The Northern Tunisia Base and Precious Metals project covers over 424 square kilometers and 244km2 respectively, targeting copper-lead-zinc with anomalous gold. The Zeflana project comprises three wholly owned exploration permits covering 78 km2.
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Latest news
PhosCo Strengthens Gasaat Phosphate Development Plans with KM Prospect Results
PhosCo (ASX: PHO) has confirmed a major new discovery at the KM prospect within its Gasaat phosphate project, after maiden drilling returned some of the highest-grade assays yet recorded in Tunisia. The program intersected broad, shallow zones of phosphate mineralisation including 53 metres at 22.3% P₂O₅ (phosphorus pentoxide, more commonly known as phosphate), with multiple […]
PhosCo looking to Fast-Track New KM Prospect at Gasaat Phosphate Project in Tunisia
PhosCo (ASX: PHO) is investigating the potential to accelerate the development of its new KM phosphate discovery at the company’s Gasaat project in Tunisia. After promising results in its maiden drilling program at KM, the company believes that its proximity to a proposed plant and the thickness of its mineralisation make it an ideal candidate […]
PhosCo secures key approvals and funding to advance Gasaat phosphate project
PhosCo (ASX: PHO) has received a key approval, commenced a $5 million capital raising and finalised global financing support to move its Gasaat phosphate project in Tunisia towards commercialisation. The company’s receipt of an exploration permit enables it to immediately commence its planned major resource drilling program at Gasaat. It follows the company signing a […]
Weekly wrap: record highs followed by a slight slip
The Australian share market had another positive week, reaching fresh record highs twice before slipping back a little in Friday trade. By the close on Friday the ASX 200 Index was down 0.1% or 8.1 points to 8436.2, as seven of the 11 sectors fell. That followed on from Thursday’s fresh record high of 8444.3 […]
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