News: Reward Minerals granted key potash tenements in Western Australia

Reward Minerals (ASX:RWD) has had seven of eight tenements subject of the recent Land Access & Mineral Exploration Agreement for the Lake Waukarlycarly and Dora West Project areas granted by the WA Department of Mines & Petroleum.

Heritage Clearance Surveys are scheduled to be completed this week and drilling activities are programmed to commence as soon as practicable in areas cleared by the current Survey.

Program of Works applications have been prepared and will now be submitted to the DMP for the proposed drilling program at the Karly Project following grant of the final tenement.

Reward has also been awarded a grant under the Western Australian Government’s Exploration Incentive Scheme totalling $150,000 to support exploration at the Karly Project.

An update will be provided to shareholders upon the commencement of drilling at the Karly Project in the coming weeks.

Reward's Lake Disappointment project alone currently has an Indicated Resource of 24.4 million tonnes K2SO4, with potential to hold many multiples of that figure.