Davenport Resources (ASX: DAV) (“Davenport”, “the Company”), is pleased to announce a historic resource of 356 million tonnes of 16.1% K2O (57.4 million tonnes contained K2O) in Sylvinite, equivalent to 91 million tonnes of potassium chloride (KCI), on its 100%-owned Ebeleben mining licence in the South Harz region of Germany.
Davenport Managing Director Chris Bain said:
“The detailed information supporting this historic resource estimate will allow Davenport to fast track cost-effective brownfields evaluation of the area with the aim of reinvigorating the South Harz as a globally significant potash producing region.
Davenport anticipates that a minimum number of carefully located confirmation drill holes can readily validate these historic resources to allow conversion to JORC 2012 standard. Further historic resources on the other mining licences acquired from BVVG will be released as the data is reviewed.”