Potash West extends potash and phosphate mineralisation at Dinner Hill

THE DRILL SERGEANT: Potash West (ASX: PWN) reported results of drilling undertaken in March 2016 on the company’s Dinner Hill project within the Dandaragan Trough area in Western Australia.

The drilling program consisted of 20 vertical aircore holes across tenements E70/4609 and E70/4138 with the stated objective to test for a southern extension of potash and phosphate mineralisation in a geologically similar environment to the Dinner Hill deposit.

Noteworthy intersections from the drilling include:

PWAC 511
40 metres at 4.35 per cent potassium oxide (K2O) from 24m; and

PWAC 512
34m at 4.71 per cent K2O from 30m.

“We are excited about the grade and thickness of the potash mineralisation lying to the immediate south of our Dinner Hill resource,” Potash West managing director Patrick McManus said in the company’s announcement to the Australian Securities Exchange.

“The thickness of the mineralised units has the potential to lower strip ratios and improve mining economics.

“These results demonstrate continuity of phosphate and potash mineralisation to the south.

“With additional drilling, the new discovery is likely to offer alternative development options for the project.

“Further drilling will be targeted at establishing a resource on Dinner Hill South.”

Dinner Hill is estimated to contain an Indicated Mineral Resource of 250 million tonnes at 2.9 per cent phosphorus pentoxide (P2O5) and Indicated and Inferred Mineral Resources containing 195 million tonnes at 3.8 per cent K2O.

Email: info@potashwest.com.au

Website: www.potashwest.com.au