Potash West upgrades Dinner Hill phosphate and potash Resources
THE DRILL SERGEANT: Potash West (ASX: PWN) has announced an increase to the potash and phosphate resources at its wholly-owned Dinner Hill project, located to the north of Perth within the company’s 100 per cent-owned Dandaragan Trough project area.
The Dinner Hill Deposit has, above a cut-off grade of 1.45 per cent phosphate, an Indicated Mineral Resource of 250 million tonnes at 2.9 per cent phosphate.
Within this phosphate resource there is an Indicated Mineral Resource of 155 million tonnes at 4.1 per cent potassium oxide and an Inferred Mineral Resource of 20 million tonnes at 2 per cent potassium oxide.
An additional Indicated Mineral Resource of 18 million tonnes at 3.8 per cent potassium oxide occurs marginal to the phosphate resource.
The resource update was calculated from drilling the company carried out in 2014 and 2015 comprising an additional 90 aircore drill holes.
The recent drilling extended the north-south length of the resources from 4000m to 7200m and the east-west width in the central portion of the deposit from approximately 2700m to 3700m.
“These are very pleasing results, which have further highlighted the world class size and prospectivity of our Dandaragan Trough project,” Potash West managing director Patrick McManus said in the company’s announcement to the Australian Securities Exchange.
“This drill program had several objectives: To identify the extent of mineralisation, to allow a definition of the deposit sufficient to delineate an area that will be affected by mining, for permitting purposes; To obtain samples to complete metallurgical and process development testwork, sufficient for feasibility studies; and to drill a sample area of the deposit to confirm the drill density that will be required to report a JORC resource to a Measured Resource category.
“These were all achieved. Importantly, the mineral inventory for phosphate production has increased substantially, and there is still a significant area of the prospective Dinner Hill tenement to be explored.
“Phosphate and potash mineralisation are open to the east and to the south, which offers considerable upside at Dinner Hill for increased project life, or capacity increases.
“We look forward to incorporating these new findings into the scoping study for Dinner Hill.”
Email: info@potashwest.com.au
Website: www.potashwest.com.au