Between and he served in various positions at Bank of America and Wells Fargo. Distinguished among the three best CEOs of the construction industry in Latin America by the Institutional Investor magazine for the years , , , and Miyazawa joined Mitsubishi Corp. Mitsubishi Corp, Indonesia. Distinguished among the three best CFOs of the construction industry in Latin America by the Institutional Investor magazine for the years , , , , and Une joined Mitsubishi Corp.

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This report is effective as of 11 May These certificates are considered the date and signature of this report in accordance with Form F1. NI is a rule developed by the Canadian Securities Administrators that establishes standards for public disclosure by a Canadian company of scientific and technical information concerning mineral projects.

Canadian standards, including NI , differ significantly from the requirements of the United States Securities and Exchange Commission "SEC" , and reserve and resource information contained in this report may not be comparable to similar information disclosed by U.

In particular, the term "resource" does not equate to the term "reserves". Under U. The SEC's disclosure standards normally do not permit the inclusion of information concerning "measured mineral resources", "indicated mineral resources" or "inferred mineral resources" or other descriptions of the amount of mineralization in mineral deposits that do not constitute "reserves" by U.

You are cautioned not to assume that resources will ever be converted into reserves. You should also understand that "inferred mineral resources" have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. You should also not assume that all or any part of an "inferred mineral resource" will ever be upgraded to a higher category.

Under Canadian rules, estimated "inferred mineral resources" may not form the basis of feasibility or pre-feasibility studies except in rare cases. You are cautioned not to assume that all or any part of an "inferred mineral resource" exists or is economically or legally mineable. Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in-place tonnage and grade without reference to unit measures.

The requirements of NI for identification of "reserves" are also not the same as those of the SEC, and reserves reported in compliance with NI may not qualify as "reserves" under SEC standards. Accordingly, information concerning mineral deposits set forth in this report may not be comparable with information made public by companies that report in accordance with U. Mineral Resource. Geological Database and Interpretation. Stratigraphic and Structural Model. Grade Model. Metallurgical Samples.

Metallurgy Conclusions. Statement of Mineral Resources. Estimated Phosphorite Reserves. Mining Model Development. Mineral Reserve Estimation Statement. Potential for Future Reserve Expansion. Concentrate Shipping. Power Transmission and Main Substation.

Seawater Supply System. Water Desalination System. Tailing Disposal. Surface Water Management. Mining Capital Costs. Plant Capital Costs. Tailing Storage Facility Capex. Capital Cost Summary. Mine Operating Costs. Plant Operating Costs. Life of Mine Operating Costs. Economic Analysis. Plant Production Statistics. Marketing Terms. Capital Expenditures. Sustaining Capital. Total Production Cost. Royalty And Export Duties. Reclamation And Closure.

Salvage Value. Regional Stratigraphy. Zapallal Formation Detailed Stratigraphy. Regional Structure. Drilling Methodology. Drill Hole Location Methodology. Core Handling and Visual Logging Methodology. Sample Interval Identification. Sample Collection and Packaging. Primary and Secondary Analytical Laboratories. Sample Preparation. Sample Analyses. Analytical Results.

Control Program. Focus Data Verification. Limitations on Data Verification. Qualified Person Statement on Data Verification. Preparation of 13 Individual Layer Composites. Sample Characterization. Sample Representation. Drum Scrubbing and Desliming. Attrition Scrubbing and Desliming. Oberservation of Apatite Liberation. Additional Drum Scrubbing and Desliming.

Vacuum Filter Leaf Tests. Static Cylinder Settling Tests. Recovery Assumptions. Geological Database. Geological Interpretation. Topographic Modelling. Open Pit Ground Investigation. Open Pit Geology. Strength Parameters. Stability Analyses. Surface and Groundwater Management. Open-pit Trafficability. Open-pit Monitoring. ROM Model. Vulcan Product Model. Waste Rock Storage Facilities. Design Basis. Drum Washing, Scalping, and Cyclone Classification.

Primary Attrition Scrubbing. Classification, and Hydraulic Sizing. Belt Filtering. Concentrate Drying and Product Storage. Metallurgical Sampling and Product Control. Tailings Storage Facility. Water Systems. Capital Equipment for Plant and Infrastructure. Fuel for Dryer. Site Access and Site Roads.


Fosfatos del Pacífico S.A. (Fospac)



Bayóvar mine




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