Altius
This project is part of our
All-Canadian royalty portfolio

Allan (potash)
Prairie Royalties

Location
50 km southwest of Saskatoon, SK, Canada

Operator
Potash Corporation of Canada
www.potashcorp.com

Commodity
Potash

Asset Profile
LTM (as of January 31, 2016) Royalty Revenue $0.6 million
Annual production capacity 1.2 mt
Estimated Mine Life 80 years

The Allan mine is a conventional underground potash mining operation located approximately 50 km southwest of Saskatoon, SK. Potash ore is excavated at the mining face c.1,000m below the surface, transported by conveyor belt to the bottom of the production shaft and hoisted to the mill where it is processed into the final concentrated muriate of potash product.

Proven and probable mineral reserves at the mine as at December 31, 2011 totaled 284mt of ore with an average K2O grade of 25.8%. Based upon reported mining rates and reserves by the operator a mine life of approximately 80 years is expected should reserves remain unchanged.

The mine has undergone significant capacity additions that Altius anticipates will eventually be utilized based on current global potash consumption growth trends.

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