South Harz Acting Executive Chairman, Ian Farmer, commented:
“We are pleased to announce the assay results returned from the high-grade potash section of our second confirmatory drillhole at Ohmgebirge, OHM-01. Similar to our first confirmatory hole, OHM-02, the results show excellent correlation with the nearby historic drillhole. We have now effectively validated historic results at Ohmgebirge from both the initial drilling campaign conducted in the early 1900’s and the extensive drilling campaign carried out by the GDR from the 1960’s through to the 1980’s.
“The results from our two confirmatory drillholes further substantiate our confidence in the accuracy of the 41 drillholes in the Ohmgebirge licence area, and indeed the 300 drillholes which we acquired as part of the suite of mining licences that comprise our world-class South Harz Potash Project.
“Work has now commenced on updating the Ohmgebirge Mineral Resource model and finalising the Scoping Study, which we look forward to completing early next quarter.”
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