Great Western Exploration secures first Native Title access for potash project
Great Western Exploration Ltd (ASX:GTE) has finalised the first Native Title Land Access Agreement (NTA) for its 100% owned Lake Way Potash Project in Western Australia.
- The land access agreement covers the southern region of Lake Way which is next door to a very high-grade potash project.
Lake Way is emerging as one of Australia’s premium potash districts following the discovery of high-grade potash brines by Salt Lake Potash Ltd (ASX:SO4) in their adjoining project.
Notably, a recent bankable feasibility study (BFS) completed by SO4 confirmed the project to have strong economics.
Great Western’s project is downstream from SO4 and historical drilling indicates that the potash brine remains high-grade near the boundary.
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