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Potash West (OTC:PWNNY,ASX:PWN) announced that the 2 exploration targets for the Dinner Hill project have been revised, due to drilling carried out to extend the footprint of the indicated resources on the project. Mineralization is still open in two directions, indicating further upside in the project area.
Potash West (OTC:PWNNY,ASX:PWN) announced that the 2 exploration targets for the Dinner Hill project have been revised, due to drilling carried out to extend the footprint of the indicated resources on the project. Mineralization is still open in two directions, indicating further upside in the project area.
As quoted in the press release:
Mineralisation within Potash West NL’s (“Potash Wests”) Dinner Hill Phosphate and Potash Deposit, located in the Midwest wheat belt of Western Australia, some 225km by road north of Perth, has been shown by past and recent drilling to extend over some 70km2 to the south and east of the recently re-estimated phosphate and potash Mineral Resources (ASX release 03 June 2015). This updated Exploration Target estimate reflects changes to the original Exploration target (ASX release 07 May 2013) as a result of the additional drilling and the updated Mineral Resource estimate (ASX release 03 June 2015). Both the Exploration Target and the JORC compliant resources have increased.
Potash West Managing Director, Patrick McManus, said:
The increased resource reported to the ASX in early June 2015 will support a very long life project producing phosphate fertiliser from the Dandaragan Trough. These Exploration Targets indicate that the resource could increase significantly with further drilling.
Click here for the full Potash West (OTC:PWNNY,ASX:PWN) press release.
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