For thousands of other reports visit RSC's Mineral Intellingence Map
Parkway Minerals NL
Summary
| Project: | Dandaragan Trough | |
|---|---|---|
| Deposit: | Dambadgee | |
| Location: | Australia | |
| Commodities: | Phosphate-Potash | |
| Date: | 1/7/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 7-1-2019: Parkway Minerals NL announces a Resource Estimation report for its Dambadgee deposit at the Dandaragan Trough project. Updated Exploration Target estimated at Dambadgee. Parkway Minerals NL (“Parkway” or the “Company”) is pleased to inform share | |
| Resources: | Exploration Target of 6-8Bt @ 3.0-3.5% K2O, 0.9-1.3% P2O5 at Dambadgee | |
| CP/QP: | [Overall Report]: J.J.G. Doepel (Continental Resource Management Pty Ltd.) | |
| ABSTRACT: | Parkway Minerals NL (“Parkway” or the “Company”) is pleased to inform shareholders of the upgrade of the Exploration Target for the Dambadgee Prospect and the results of a recent review of the company’s Dandaragan Trough Project. The Dambadgee Prospect is located approximately 40 km south of the company flagship Dinner Hill Deposit and 8 km southeast of the Dandaragan Township (Figure 1). The potash mineralisation within Parkway’s Dambadgee Prospect is reported as being within an Exploration Target of between 6 billion tonnes and 8 billion tonnes at a grade of between 3.0% and 3.5% K2O and between 0.9% and 1.3% P2O5. The potential quantities and grades of the target are conceptual in nature, as there has been insufficient exploration to estimate Mineral Resources over their areas and as it is uncertain if further exploration will result in the estimation of one or more Mineral Resources. Parkway Managing Director, Patrick McManus stated: “The large Exploration Target at Dambadgee, its grade, relative thickness and amenability to low-cost bulk sand mining techniques (ASX release 21 August 2018), makes it a valuable asset within the Dandaragan Trough Project. This announcement confirms the potential of the Trough as a region containing significant tonneages of fertiliser feedstocks, potash and phosphates. Our K-Max technology will produce Sulphate of Potash and Phosphoric Acid. Both these commodities have a ready demand, both locally and regionally.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report