Elemental Minerals Begins Shaft Drilling at Kola, Intersects Thick Potash Seams at Dougou

- November 10th, 2015

Elemental Minerals (TSX:ALM,ASX:ELM) provided a progress update for test-work for the Kola sylvinite project bankable feasibility study (BFS) and the completion of the test-work drill hole for the Dougou carnallite project prefeasibility study (PFS). The company announced that drill hole ED_05 at Dougou intersected multiple thick potash seams.

Elemental Minerals (TSX:ALM,ASX:ELM) provided a progress update for test-work for the Kola sylvinite project bankable feasibility study (BFS) and the completion of the test-work drill hole for the Dougou carnallite project prefeasibility study (PFS). The company announced that drill hole ED_05 at Dougou intersected multiple thick potash seams.
Highlights, as quoted in the press release:

  • The drilling programme is on schedule and provides additional data for the BFS for Kola and the PFS for Dougou. Both studies are being led by Hatch Goba (Hatch), a global leader in Potash mine design and construction.1
  • Drillhole (EK_48) at the Kola shaft site is well underway and will provide data for the shaft design for the BFS. The shaft site is central to the deposit (Fig. 3) to provide ease of access to the shallow high grade sylvinite2 Ore Reserves (152 Mt grading 31.7% KCl) 3.
  • At Dougou, drillhole ED_05 was completed and intersected a total of 36 m of carnallitite4 within the four main potash layers (Table 1). Mineralisation appears to be similar to that intersected in the other previously reported drillholes at Dougou.
  • The Hangingwall Seam carnallitite in drillhole ED_05 is 10.21 metres thick and is comprised of approximately 90% carnallite (Table 1 and Fig 1).
  • The ED_05 core is being sent to the laboratory for dissolution and geotechnical testwork to provide data for the solution mine design. The data should also support a resource update; the Measured and Indicated Mineral Resource currently stands at 1.1 billion tonnes grading 20.6% KCl (Table 4)

John Sanders, CEO of Elemental Minerals, commented:

The thick potash intersections in ED_05 at Dougou are typical of this exceptionally simple and continuous deposit; a combined thickness of 36 metres of flat-lying high grade carnallitite. The commencement of the Kola shaft drillhole is on time, so we are on schedule for the delivery of the Kola BFS and Dougou PFS.

Click here to read the full Elemental Minerals (TSX:ALM,ASX:ELM) press release.

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