Verdant Minerals Ltd

Rum Jungle Resources Limited (ASX:RUM) is pleased to announce an updated Ammaroo Phosphate resource estimate.

After establishing a world class resource of phosphate at Ammaroo in the Northern Territory Rum Jungle Resources Limited (RUM.AX) then completed a successful takeover of Central Australian Phosphate more than doubling the resource into excess of one billion tonnes of phosphate rock.

Completion of the Rum Jungle Resources Limited (ASX:RUM) Ammaroo phosphate pre-feasibility study supports the economic potential of the project to be developed as a phosphate rock export operation or for downstream phosphate fertiliser production using proven technologies.

Rum Jungle Resources Ltd (ASX:RUM) is pleased to announce a maiden Inferred JORC brine potash resource of 4.5 million tonnes K2SO4 on 100% owned E69/2814 in Western Australia.

This maiden JORC resource at the Lake Mackay South Project highlights the growing potential of Rum Jungle Resources' portfolio of sulfate of potash projects across Central Australia that incorporates the Karinga Lakes and Lake Hopkins projects and the yet to be granted tenements associated with Lake Amadeus and Lake MacDonald.

Rum Jungle Resources Ltd's (ASX:RUM) strategic intent is to find, develop and operate fertiliser mineral projects, located in close proximity to existing Central Australian transport infrastructure.

Rum Jungle Resources Limited's (ASX:RUM) strategic intent is to create shareholder value from phosphate and potash fertiliser mineral projects, located in proximity to existing transport infrastructure, primarily in the Northern Territory.

Rum Jungle Resources Ltd (ASX:RUM) Lake Hopkins Exploration Update. Heli-air core drilling was completed at Lake Hopkins (WA) on 13 June. Eighteen holes were drilled for 382 m with holes drilled to an average 21 m depth; Brine results have been received and reveal medium to high grade potassium sulfate with up to 10,371 mg/L K2SO4.

Rum Jungle Resources Ltd (ASX:RUM) provides Ammaroo Phosphate project's pre-feasibility study and Karinga Lakes Potash scoping study updates. The Ammaroo Phosphate pre-feasibility has moved into the completion phase, its third and final phase. The Karinga Lakes Potash project scoping study began in earnest in March 2014 with a site visit to the Lakes project conducted by the CICCC.

Rum Jungle Resources Ltd (ASX:RUM) is pleased to announce an independently assessed Exploration Target for its Patanella Phosphate Prospect of approximately 50 Mt and 100 Mt at 10% to 17% P2O5 at a cut-off grade of 5% P2O5 or approximately 20 Mt to 50 Mt at 15% to 20% P2O5 at a cut-off grade of 10% P2O5. These estimates are based on broad spaced drilling information of uncertain reliability.