Potash

Great Quest Metals Ltd (TSXV:GQ, FWB: GQM) has entered into an exclusive arrangement with Botswana Ash (Pty) Ltd (“BotAsh”), to develop the potash brine potential of Sua Pan salar located in Botswana.

Great Quest Metals Ltd (TSXV:GQ, FWB: GQM) has entered into an exclusive arrangement with Botswana Ash (Pty) Ltd (“BotAsh”), to develop the potash brine potential of Sua Pan salar located in Botswana.

According to the company’s press release:

 BotAsh operates a brine recovery operation for sodium carbonate (soda ash) and sodium chloride (table salt) on the salar, a facility that started operation in 1991. Significant concentrations of potash (potassium chloride (KCl) and potassium sulfate (K2SO4)) have been recorded in the brines of Sua Pan, but have never been recovered commercially. Great Quest will begin a program to evaluate the economic potential of potash recovery from the native brines, the BotAsh mine effluent and the historical mine tailings.

Per the agreement with Botswana Ash:

The memorandum of understanding signed with Botswana Ash (Pty) Ltd grants Great Quest one-year exclusivity with an option to extend for another year, provided Great Quest has incurred a minimum of $100,000 in expenditure to explore and develop the potash potential of the Sua Pan. As Great Quest learns more about the nature of potash in the Sua Pan salar, it intends to enter into a definitive long term agreement with BotAsh, outlining compensation for infrastructure and potassium bearing material with the economic benefit from possible potash products belonging to Great Quest.

Click here to view the full press release.

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