Media Coverage: Farmers Weekly - Chatham Rock turns to on-land mining

Chatham Rock Phosphate is raising close to $2 million from a private placement of up to 10 million units for further work on two phosphate projects in French Polynesia and Queensland.

With its proposed undersea mining of the Chatham Rise stalled in the water, the listed company has turned to the Polynesian island of Makatea and to the Korella deposits in northwest Queensland, near Mt Isa.

The prospects of the company have lifted considerably with international phosphate prices at 10-year highs, chief executive officer and founder Chris Castle says.

Its share price on the NZX has risen by 10c or 80% from 12c to 22c since Christmas.

Read the rest of the article on farmersweekly.co.nz

Media Coverage: Superbcrew - Chatham Rock Phosphate Limited Private Placement

Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX: “CRP” or the “Company”) wishes to announce that the Company is proceeding with a non-brokered private placement (the “Placement”) of up to 10,000,000 units (the “Units”) at a price of CAD $0.17 per Unit (NZ$0.195) for gross proceeds of up to CAD $1,700,000 (NZD $1,900,000).

CRP shares have had strong investor support following recent announcements by the Company relating to the acquisition of the Korella mine, the application for an exploration permit and at Korella South, and the proposed establishment of a dicalcic phosphate manufacturing plant.

Read the rest of the article on Superbcrew.com

Media Coverage: Daily Company News - Shares Of Chatham Rock Phosphate Trading At Much Higher Levels In Canada And Germany

Letter from Chris Castle, CEO Of Chatham Rock Phosphate Limited:  

The Directors of Chatham Rock Phosphate note that our shares have been trading around 15-16 cents in NZ, but are trading at higher prices in our two overseas market listings.

In Canada on the TSX.V they traded today in a range of CAD 21-24 cents with total reported volume of 423,800 shares . CAD 24 cents is the equivalent of NZD 28.2 cents.  

In Germany on the Frankfurt Bourse they are trading at 0.176 Euros, the equivalent of 25.3 NZD cents.

We confirm that all three markets are fully and equally informed except that New Zealand investors might not be aware of the stronger investor interest offshore.  

It appears that overseas investors have been quicker to gain an understanding of the transformation that Chatham has achieved during the last twelve months.

We are no longer a single project company needing to overcome a permitting hurdle in order to put the Chatham Rise project into production, the group now encompasses a rapidly expanding group of onshore phosphate and rare earths projects in French Polynesia and Australia which are much closer to generating operating cash flows.  We expect to generate operating revenues from Korella in calendar 2022.   

Written by:
Chris Castle
Chief Executive Officer
Chatham Rock Phosphate Limited
Cell: +64 21 558 185

See the article on dailycompanynews.com

Media Coverage: Superbcrew - Higher phosphate prices and early sales underscore Chatham transformation

Over the past year Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX: “Chatham” or the “Company”) has transformed from a single project company facing an uncertain and expensive permitting hurdle to a rapidly expanding group of projects much closer to generating operating cash flows with prospects further boosted by phosphate prices at 10-year highs.

The acquisition of Avenir Makatea was the first step in the Company’s strategy to build an international phosphate mining and trading house with a focus on low cadmium, organic phosphate.

The Makatea Project in French Polynesia is planned to produce 250,000 tpa with an expected start date of 2024.

Read the rest of the article on Superbcrew.com

Media Coverage: Superbcrew - Chatham Applies For Korella South Phosphate And Rare Earths Exploration Permit

Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX: “Chatham” or the “Company”) has this week made another stunning advance.

Shareholders will recall that in October 2021 we announced the acquisition of the Korella phosphate and rare earths mining lease and assets based in Queensland.

Yesterday we were advised that our application for an area of 196 square kilometres south of Korella has been accepted by the Queensland Department of Resources. The area covered by EPMA 28187 (Korella South) is approximately 12 times the size of the Korella mining permit that we are presently acquiring. Chatham’s wholly-owned Australian subsidiary Avenir Makatea Pty Ltd made the application.

Read the rest of the article on superbcrew.com

Media Coverage: Stockhouse - An Increasingly Valuable and Strategically-Located Phosphate Play

Stockhouse investors looking for a different kind of metals & mining play may, or may not, be that familiar with rock phosphate…but it’s essential to feeding the world…especially since the dawn of the New Green Revolution. Chatham Rock Phosphate Ltd. (NZP) (TSX-V:NZP, OTC: GELGF, Forum) is a company that’s laser-focussed on becoming the premier supplier of direct application organic phosphates to the New Zealand and global agricultural sector. To date, the company is the custodian of New Zealand’s only material resource of ultra-low cadmium, environmentally-friendly pastoral phosphate fertilizer. Stockhouse Media’s Dave Jackson was joined by company President & CEO Chris Castle to tell our investor audience more about this intriguing company.

Read the rest of the article and watch the interview on stockhouse.com

Media Coverage: Daily Company News - Chatham Rock Phosphate Signs Term Sheet To Acquire Korella Phosphate Mine In Australia

Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX: “CRP” or the “Company”) wishes to advise with great pleasure we have signed a Term Sheet to acquire the Korella phosphate mine in Australia. Final negotiation of the arm’s length Sale and Purchase Agreement with vendor Australia Venus Resources Pty Ltd. and its shareholders will now proceed with the acquisition subject to certain conditions.

The Korella Mine is located in North-West Queensland approximately 150km southeast of Mt. Isa and adjoins the Phosphate Hill Mine owned and operated by Incitec Pivot.

The mine is on mining lease ML90209, in force until 2033 and which covers approximately. 1,602 ha of grazing land on Chatsworth Station in the Shire of Cloncurry.

Read the rest of the article on dailynewscompany.com

Media Coverage: The Market Herald - hatham (TSXV:NZP) acknowledges the Supreme Court of New Zealand’s decision regarding TTR application

Chatham Rock Phosphate Limited (NZP) acknowledges the Supreme Court of New Zealand’s decision in respect to the Trans Tasman Resources (TTR) application.

The TTR application is for consent to mine up to 50 million tonnes of vanadium-rich sand a year about 20 kilometres off the West Coast of the North Island.

The court’s decision makes it easier for Chatham to reapply for a Marine Consent to recover low cadmium, organic rock phosphate from the Chatham Rise, off the east coast of the South Island.

Read the rest of the article on themarketherald.ca

Media Coverage: Daily Company News - Chatham Welcomes TTR Supreme Court decision

Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX: “CRP” or the “Company”) welcomes the Supreme Court decision released this week in respect to the Trans Tasman Resources (TTR) application to mine up to 50 million tonnes of vanadium-rich sand a year about 20 kilometres off the West Coast of the North Island.

In our view the decision is not a show-stopper.

To the contrary, it clarifies and eliminates the uncertainties arising from earlier decisions.

Read the rest of the article on dailycompanynews.com

Media Coverage: Stockhouse - Chatham Welcomes TTR Supreme Court Decision

WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP” and NZX:

“CRP” or the “Company") welcomes the Supreme Court decision released this week in respect to the Trans Tasman Resources (TTR) application to mine up to 50 million tonnes of vanadium-rich sand a year about 20 kilometres off the West Coast of the North Island.

In our view the decision is not a show-stopper.

To the contrary, it clarifies and eliminates the uncertainties arising from earlier decisions.

Read the rest of the article on stockhouse.com