The document is a corporate presentation for GQ Minerals discussing its flagship Tilemsi Phosphate project in Mali. It highlights that GQ has inferred 50 million tonnes of phosphate resource at its Tilemsi project with a high average grade of 24.3% P2O5. The project has significant exploration upside potential as drilling has only covered 2% of GQ's three phosphate licenses totaling 1,206 square kilometers. The deposit is near-surface, strip-minable and has the potential to become a low-cost supplier of phosphate to markets in West Africa.