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Salt Lake Potash Ltd.
Summary
| Project: | Lake Way | |
|---|---|---|
| Deposit: | Lake Way | |
| Location: | Australia | |
| Commodities: | Potash | |
| Date: | 3/18/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 18-3-2019: Salt Lake Potash Ltd. announces a Resource Estimation report for its Lake Way deposit at the Lake Way project. Updated mineral resource estimate at the project. Salt Lake Potash Limited (the Company or Salt Lake Potash) (ASX/AIM:SO4) is pleased | |
| Resources: | (Resource, Total): 72.83Mt SOP contained at Lake Way | |
| CP/QP: | [Resources]: Ben Jeuken (Groundwater Science Pty Ltd.) | |
| ABSTRACT: | Salt Lake Potash Limited (the Company or Salt Lake Potash) (ASX/AIM:SO4) is pleased to advise of a significant extension of the Mineral Resource Estimate at Lake Way following completion of an exploration program across the ‘whole of the lake’. The estimated total Mineral Resource Estimate at Lake Way has increased to 73 million tonnes (Mt) of SOP calculated using Total Porosity and 8.2Mt of SOP calculated using Drainable Porosity. Salt Lake Potash’s Chief Executive Officer, Mr Tony Swiericzuk said: “It is extremely pleasing to present the Lake Way Mineral Resource Estimate for the ‘whole of lake” that confirms the significant size and very high-grade resource at Lake Way. It reinforces our current review process to consider a larger scale scenario at Lake Way and we anticipate releasing the technical results of the larger scale scenario towards the end of Q2 2019.” | |
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