Australian Potash Kicks-off Yamarna Gold Exploration

THE DRILL SERGEANT: Australian Potash (ASX: APC) announced it would be implementing program recommendations from CSA Global for work programs across the company’s Yamarna gold project in Western Australia.

Australian Potash’s (ASX: APC) tenements cover an estimated 65 kilometres of strike, 60km northwest and along strike of the six-million-ounce Gruyere mine development of Gold Road Resources (ASX: GOR)

CSA Global’s review of the Yamarna gold project, located at the northern end of the Yamarna Greenstone Belt in the Eastern Goldfields Province, shows the project to encompass an interpreted lateral ramp thrust (LRT), which has offset the Yamarna Shear Zone to the west.

Australian Potash said the review interpreted a dilational zone that opens up through the middle of APC’s tenement holding with 18 gold targets identified along a 62km strike length, including nine areas considered highly prospective.

It is anticipated that drill targets will be identified by the current work program.

“Following the company receiving the review by CSA Global into the prospectivity of the Yamarna Greenstone Belt tenements and consideration of the recommendations, the company is now preparing its first comprehensive exploration program on the Yamarna gold project,” Australian Potash executive chairman Matt Shackleton said in the company’s announcement t o the Australian Securities Exchange.

“We look forward to the results of the work program, which we believe has the potential to deliver significant value for our shareholders, in addition to the progression of our high returning SOP project on which work continues unabated.”

Website: www.australianpotash.com.au