Chatham Rise (MP55549)

Investment Profile

Chatham Rise (MP55549)

Chatham Rock Phosphate

Chatham Rock Phosphate Limited (CRP) is seeking NZD$5.5m in private placement capital to finance the second application for a Marine Consent (environment permit), which is required to give effect to our 20-year granted mining permit.

INVESTMENT HIGHLIGHTS

The mining permit area is 450 km east of Christchurch, at a depth of around 400 metres on the Chatham Rise, in New Zealand territory and contains 23.4 million tonnes of medium grade rock phosphate with significant further upside potential. 

Chatham-sourced phosphate rock is also a proven reactive phosphate rock (RPR) and also contains ultra-low cadmium levels. CRP is stock exchange listed in Canada, Germany and New Zealand. Once permitted, the company requires minimal development capital as the deposit will be contract mined by a dredging company.

OWNERSHIP

Chatham Rock Phosphate

OPERATED BY

Chatham Rock Phosphate

 

Contact details:

Chris Castle
Chief Executive Officer

Level 1, 93 The Terrace
Wellington 6011, NZ
Cell: +64 21 558 185

Investment Opportunity

Chatham Rise opportunityDownload
Chatham Rise fact sheetDownload

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