Australian Potash (ASX:APC) is developing the Lake Wells SOP Potash Project in Western Australia. The company recently raised $3m as they advance the project towards a Definitive Feasibility Study later this year. In addition, drilling is underway at their Yamarna gold project in Western Australia, which is to the north of Gold Road (ASX:GOR) and Gold Fields 5.8Moz Au Yamarna gold project.
Australian Potash Ltd
Australian Potash Limited (ASX:APC) is an ASX-listed Sulphate of Potash (SOP) developer. The Company holds a 100% interest in the Lake Wells Potash Project located approximately 500kms northeast of Kalgoorlie, in Western Australia's Eastern Goldfields.
The Lake Wells Potash Project is a palaeochannel brine hosted sulphate of potash project. Palaeochannel bore fields supply large volumes of brine to many existing mining operations throughout Western Australia, and this technique is a well understood and proven method for extracting brine. APC will use this technically low-risk and commonly used brine extraction model to further develop a bore-field into the palaeochannel hosting the Lake Wells SOP resource.
A Scoping Study on the Lake Wells Potash Project was completed and released on 23 March 2017. The Scoping Study exceeded expectations and confirmed that the Project's economic and technical aspects are all exceptionally strong, and highlights APC's potential to become a significant long-life, low capital and high margin sulphate of potash (SOP) producer.
FINANCE VIDEO: Australian Potash Ltd (ASX:APC) Drilling to Commence Shortly at Yamarna Gold Project as Lake Wells Continues to Take Shape
Australian Potash (ASX:APC) will commence drilling at its Yamara gold project shortly. The project lies 130 km northeast of Laverton, in Western Australia's eastern goldfields region. APC's tenements cover around 1,400 km2 contiguous to the North Yamarna gold project of Gold Road Resources Ltd and 60 km northwest of the 6 million ounce (Moz) Gruyere mine development.
Australian Potash (ASX:APC) is developing the Lake Wells Sulphate of Potash (SOP) Project in the North-Eastern Goldfields of Western Australia. The project is on track to potentially become the first producing Potash Project in Australia.
Goldphyre Resources Limited (ASX:GPH) is pleased to announce that it has entered into an underwriting agreement to fully underwrite the Company's listed option series (ASX:GPHO) up to a value of A$5.5 million.
Goldphyre Resources (ASX:GPH) is pleased to advise the appointment of Ms. Leigh-Ayn Absolom as Company Secretary. Leigh-Ayn is a Chartered Accountant and Chartered Secretary with 16 years' experience in auditing, accounting and company secretarial roles within public practice and the resources industry.
Goldphyre Resources Limited (ASX:GPH) are pleased to provide the Company's latest Investor Presentation for the Lake Wells Potash Project at the 2016 Diggers and Dealers.
Goldphyre Resources (ASX:GPH) is pleased to report another very successful quarter, with several targets achieved. The Company is very focused on capturing the opportunity that currently exists in the Australian potash space, by being the first to develop its brine SOP project.
Goldphyre Resources Ltd (ASX:GPH) Test-Production Bore Program Commencing at Lake Wells Potash Project
Goldphyre Resources Ltd (ASX:GPH) is pleased to announce the test production bore installation program at its rapidly emerging Lake Wells Potash Project is due to commence early August 2016.
Goldphyre Resources (ASX:GPH) is pleased to advise that leading Australian broking and corporate advisory firm, Hartleys Limited, has updated its previous research report on the Company.
Goldphyre Resources Ltd (ASX:GPH) are pleased to provide the Company's latest Investor Presentation titled, "Australian Potash for Australian Farmers".