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Highfield Resources Ltd.

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Summary

Project:

Sierra del Perdon

Deposit:Sierra del Perdon
Location:Spain
Commodities:Potash
Date:5/19/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:19-5-2020: Highfield Resources Ltd. announces an Exploration/Drilling Update report for its Sierra del Perdon deposit at the Sierra del Perdon project. Drilling results incl. 1.5M @ 14.5% K2O from 394.1m. Spanish potash developer Highfield Resources (ASX:
Resources:
CP/QP:[Overall Report] Anna Fardell (SRK Consulting (UK) Ltd.)
ABSTRACT:Spanish potash developer Highfield Resources (ASX: HFR) (“Highfield” or “the Company”), is pleased to announce further results from the Company’s drilling program at the Sierra del Perdón (“SdP”) and Vipasca (“Vipasca”) prospects. Vipasca Tenement Area The Vipasca Permit Area (see Figure 1) is located adjacent to the Muga Project (“Muga”), covers approximately 27km2 and is highly prospective for economic potash mineralisation. The ongoing drill program at Vipasca is focused on the deeper, higher grade, P1 and P2 potash horizons (Figure 3). The Muga Project Update (refer ASX release 15 October 2018 “Muga Project Update”) confirmed the strategic importance of Vipasca as a potential extension of Muga to the northwest. The main aim of the current drilling campaign is to confirm and delineate the Muga deposit in its westernmost area. Notably, the results obtained to date have confirmed that the overall geological setting at Vipasca and the lithologies, seams and other geological features are similar to those previously defined by drilling at Muga.

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