Orocobre Announces Maiden Resource at Cauchari Project

Mining Weekly reported that Orocobre has announced an inferred resource of an estimated  1.6-million tons of potash at the Cauchari project in Argentina.

As quoted in the market report:

The resource estimate was based on a five diamond and one rotary vertical drill hole programme between October and December last year, which, apart from a maiden resource estimate, also estimated an exploration target of between 0.2-million and 2.6-million tons lithium carbonate, and between 0.5-million and 9.2-million tons of potash beneath the current resource.

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