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POTASH MINERALS LIMITED

ASX: POK

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Potash Minerals Limited is engaged in mineral exploration and development and has global reach. The company is focused on developing a world class potash project in the Paradox Basin of south east Utah in the United States.

The company owns 90% of K2O Utah LLC, its potash joint venture in the USA which has 405km2 of highly prospective potash permits. K2O has an exploration target estimated to be 3.4-5.2 billion tonnes of sylvinite with an average grade 23% to 34%.

Approval of the Exploration Project and issuing of 22 potash exploration prospecting permits now allows exploration activity to move on to the Federal land following on from the significant progress made during 2012 on the State areas. Importantly, it also means the Company's independent geologists, Agapito, was able to issue a maiden JORC resource of 902Mt at 20% KCl grade.

Potash Minerals Limited continues to seek early stage exploration opportunities and projects to add its portfolio.

Mine For

Potash, gold

Location of operation(s)

USA

Address

Ground Floor, 16 Ord Street
WEST PERTH, WA , Australia

Phone

(61 8) 9482 0515

Email

Website


Last Updated

25/3/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.