Potash West Releases Quarterly Report

 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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