Highfield Declares Maiden Potash Resource in Spain

Mining Weekly reported that Highfield Resources (ASX:HFR) reported a maiden indicated potash resource at its Sierra del Perdon potash project.

As quoted in the market news,

The project was also estimated to have an exploration target of between 50-million and 100-million tonnes of sylvinite at between 10% to 14% potash, and between 100-million and 250-million tonnes of carnalite, at between 9% and 13% potash.

Highfield MD Anthony Hall stated:

While our focus remains on our flagship Muga potash project, we are in a fantastic position to have a second project that we believe is also likely to be very compelling.

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