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Vatic Ventures: Seismic Programme at Thai Potash Project Completed
Apr. 25, 2017 08:55AM PST
Agriculture Investing
Vatic Ventures Corp. (VCV.H) (the Company) is pleased to report that the seismic programme at its Saksrithai potash project, in Nakon Ratchasima, Thailand, has now been completed. The programme was designed to demonstrate the continuity of the underlying geological structure and provide information regarding the depth to, and estimated thickness of, the potash-bearing layer. The seismic …
Vatic Ventures Corp. (VCV.H) (the Company) is pleased to report that the seismic programme at its Saksrithai potash project, in Nakon Ratchasima, Thailand, has now been completed.
The programme was designed to demonstrate the continuity of the underlying geological structure and provide information regarding the depth to, and estimated thickness of, the potash-bearing layer. The seismic contractor, Geocon Co. Ltd. (Geocon), has initially completed a total of some 28 km. of 2-D seismic survey.
The field data obtained will now be processed by Velseis Pty Ltd, an Australian seismic exploration company which provides a fully integrated range of seismic technologies. It is anticipated that the final report should be available within about one month, at which time a preliminary drilling plan can be developed. The initial drilling programme will include up to 12 drill holes, to a depth of about 350 metres.
Vactic Ventures CEO Dr. Gerry Wright commented:
“We are pleased to have successfully completed this first phase of our exploration programme for the Saksrithai project. The information obtained from the seismic survey will enhance our technical knowledge of the project area. We look forward to planning and commencing the initial drilling programme”.