Blog Post
DFS Release
Achim Strauss • October 8, 2020
SME Completes DFS First in Class Project Confirmed
SARMIN MINERAL EXPLORATION (SME) a Mauritius based company owned by SARMIN MINING INC. (SMI) and the Luxembourg registered African Mineral Exploration and Development (AMED) private equity fund are pleased to announce the completion of the DFS focusing on their Kanga Potash exploration License.
SMI and AMED jointly funded exploration activities starting in 2016 and invested some [USD40m]. Having completed all project exploration and study related activities, the results have confirmed that the Kanga Potash project is a world class project yielding very strong returns and producing at one of the lowest costs in the world.