re: Ann: High Grade Potash Returned from Coll... Anticipation builds for pending assays
The latest high grade intersections at Colluli have increased the anticipation for the remainder of the assays from these holes, which will be delivered in the coming months.
These results will then form part of the ongoing JORC Resource updates for the project.
Exploration and development activity is currently focused on resource compilation for the September update, downhole geophysical logging, metallurgical testwork, mining engineering and hydrogeological assessment to support Definitive Feasibility Studies.
South Boulder indicated in the June quarterly that an engineering Scoping Study into the low cost production of 1-2mt of potash by 2016 or sooner will be complete in the September quarter.
Boosting the potential of the project even further is that the holes are open in all directions