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Davenport Resources Ltd.

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Summary

Project:

Ebeleben

Deposit:Nohra-Elende
Location:Germany
Commodities:Potash
Date:2/26/2020
Report Code:JORC
Report Type:Optimisation Study
Project Stage:Pursuing Resource Increase/Upgrade
Report details:26-2-2020: Davenport Resources Ltd. announces a Optimisation Study report for its Nohra-Elende deposit at the Ebeleben project. Technical study for Nohra-Elende. Davenport Resources Ltd (ASX: DAV, “Davenport”, “The Company”) is pleased to announce a preli
Resources:
CP/QP:[Overall Report]: n/a (n/a)
ABSTRACT:Davenport Resources Ltd (ASX: DAV, “Davenport”, “The Company”) is pleased to announce a preliminary technical and economic study on its Nohra-Elende project in Germany has returned positive results. Nohra-Elende is a sub-area of Mühlhausen-Nohra, one of at least four potential standalone potash projects held by Davenport in western Europe. Positive results from the Nohra-Elende study follow similar results from Davenport’s studies on the Ohmgebirge and Mühlhausen-Nohra potash mining licence areas last year. Davenport MD Dr Chris Gilchrist commented: “While the economic outcomes of this study cannot be announced as the resource is Inferred, we are delighted with yet another positive technical and economic study from our portfolio of mining licences. This study confirms the quality of Davenport’s assets in the heart of Germany and demonstrates the development of a new potash mine in the region is technically achievable and economically viable.”

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