APC 0.00% 0.1¢ australian potash limited

Ann: West Arunta Acquisition, page-2

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  1. 4,621 Posts.
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    Nice, more tenements at West Arunta, land banking on Niobium

    Highlights
    • Binding terms agreed for the acquisition of GMG, holder of two (2) tenement applications contiguous to the Company’s 100% owned West Arunta Nexus Project • Publicly available geophysics data support the acquisition with a detailed technical announcement to follow



    Acquisition
    The Company has agreed binding terms to purchase 100% of the shares in GMG, which has made application for two exploration licenses (refer figure 1), being:

    i. ELA80/6044 which covers an area of approximately 156km2 and sits contiguous to and west of the Company’s existing Nexus tenement E80/5917; and

    ii. ELA80/6043 which covers an area of approximately 23km2 and sits immediately to the north of E80/5917

    pdf (markitdigital.com)
 
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