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Davenport Resources Ltd.
Summary
| Project: | South Harz | |
|---|---|---|
| Deposit: | Ohmgebirge | |
| Location: | Germany | |
| Commodities: | Potash | |
| Date: | 12/23/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-12-2019: Davenport Resources Ltd. announces a Resource Estimation report for its Ohmgebirge deposit at the South Harz project. Mineral resource estimate for Ohmgebirge. Davenport Resources (ASX: DAV) (“Davenport”, the “Company”) is pleased to announce | |
| Resources: | (Resource, Inf.): 325Mt @ 13.1% K2O | |
| CP/QP: | [Resources]: Elizabeth de Klerk (Micon International Ltd.) | |
| ABSTRACT: | Davenport Resources (ASX: DAV) (“Davenport”, the “Company”) is pleased to announce a JORC 2012 Inferred Resource of 325 million tonnes at 13.1 % potassium oxide (K2O) for its 100%-owned Ohmgebirge Mining Licence in Germany’s South Harz region (Figure 1). The resource, which covers approximately 21.7km2 , is composed of both Sylvinite (261 million tonnes grading 14.0 % K2O) and Carnallitite (64 million tonnes grading 9.8 % K2O). The resource was confirmed by renowned consultancy Micon International Co Limited (“Micon”) based on available historic exploration data. Technical reviews of the in-ground resources contained within Davenport’s South Harz portfolio have highlighted several areas that have the potential size and grade to sustain new, independent potash projects. These include the entire Ebeleben Mining Licence which is rich in high-grade Sylvinite, the northern part of the Mühlhausen-Nohra Mining Licence which contains extremely thick Carnallitite and Kieserite and the southern portion of the Mühlhausen-Nohra Mining Licence where the deposit contains impressive thicknesses of high grade Sylvinite together with valuable sulphate minerals (Hartsalz) which we believe would support a large, long-life conventional mine. | |
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