APC 0.00% 0.1¢ australian potash limited

The recent quarterly from SBM contains some results. Nothing...

  1. 30 Posts.
    The recent quarterly from SBM contains some results. Nothing that exciting so far but they are starting a second round of drilling so still in play.

    Lake Wells Gold Project, Yilgarn WA
    A 585 hole (LWAC0001 to LWAC0585) aircore drill program for 29,337 metres testing 8 targets was completed in Q4 June FY19 with final assay results returned in Q1 September FY20 (Figures 5.0 to 5.1 and Table 7). A detailed ground gravity survey was completed in July 2019 covering an approximate 1,273 square kilometre area with 4,040 stations collected on an 800 metre by 400 metre spacing.
    A targeting study was completed over the entire tenement package using historical data, a recent detailed airborne magnetic survey and results of the first aircore drill program.
    A second round of aircore drilling, comprising 230 holes for 13,500 metres testing seven targets is expected to commence in October 2019 (Figures 5.0 to 5.1)
 
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