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Potash West NL (ASX:PWN,OTCQX:PWNNY) released their quarterly report in December 2012. The report outlined highlights from the Dandaragan Trough Project and future plans.
As quoted in the press release:
HIGHLIGHTS:
- Dandaragan Scoping Study released subsequent to end of December quarter
- Results confirm technical & financial viability for the proposed development of a potash production facility based at the Dandaragan Trough Project
- Results demonstrate that glauconite resources at Dinner Hill can support a 2.4Mtpa operation over a +60 year operational life
- IRR (pre-tax, ungeared) 21.0%
- Company now progressing project towards a Definitive Feasibility Study
- Provisional patent lodged for valuable glauconite to potassium proprietary processing method
- Maiden JORC compliant Indicated Resource identified at Dinner Hill
Click here to read the Potash West NL (ASX:PWN,OTCQX:PWNNY) press release
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