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Kalium Lakes Ltd.
Summary
| Project: | Beyondie | |
|---|---|---|
| Deposit: | Lake Sunshine | |
| Location: | Australia | |
| Commodities: | Potash | |
| Date: | 12/17/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 17-12-2019: Kalium Lakes Ltd. announces an Exploration/Drilling Update report for its Lake Sunshine deposit at the Beyondie project. Drilling results from Lake Sunshine at the Beyondie project. Kalium Lakes Limited (KLL) is pleased to report brine analysi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Adam Lloyd (Advisian) | |
| ABSTRACT: | Kalium Lakes Limited (KLL) is pleased to report brine analysis results for recent drilling activities completed at Lake Sunshine as part of the Beyondie Sulphate of Potash Project (BSOPP). The brine assay results are presented in Table 1 with drill hole data shown in Table 2, drill hole locations are shown in Figure 1. Lake Sunshine has existing Indicated and Measured Mineral Resources and Ore Reserves for the lake surface and shallow sediments associated with the palaeovalley and weathered bedrock. The drilling results have tested the Jilyili Sandstone Formation below the palaeovalley for brine grade and drainable porosity with the sandstone being contiguous with the current Mineral Resources and Ore Reserves. Results show the sandstone extends down to a depth of up to 196 m with interbedded friable and cemented sandstone bands and minor siltstone. Brine samples were obtained at regular intervals throughout the profile with airlifts rates typically only restricted by the anulus of the drilling system. Borehole magnetic resonance (BMR) logs have been run in the open holes to measure drainable porosity. It is notable that some of the grades are the highest ever recorded at Lake Sunshine with potassium grades up to 9,360 mg/L, equivalent to a SOP grade of 20,872 mg/L. The drill holes have been completed in the location of the Stage 1 production borefield at Lake Sunshine. These results mean that the production bore designs can be optimised to include the deeper higher-grade brine. | |
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