You beat me to it Gary..... i was about to jump on you for that one when I read your first post ... :-P
A mixture of; Calcium Aluminate Calcium Sulphate Calcined Clay Silica Sand
Jesmonite also used to be a supposedly poor exterior material (although I have a few sculptures in my garden made from the non exterior grade that have been outside in the elements for 6 years and just show a little surface pitting), but it now comes in an exterior grade.
http://www.hbclients.co.uk/tersus/art/
applications.html
But back to the earlier post of putting sand in to resin and sand not being fine enough. Sand comes in many forms some has a much finer structure than others. Silver Sand has a very fine grain and makes a very effective surface when mixed in with resin. Keep away from sand with a moisture content as, if you are thinking of using polyester, you will inhibit the cure.