Carnegie Potash Project Prospectivity Confirmed

Kalium Lakes (KLL) and BCI Minerals (BCI), the owners of the Carnegie Potash Project (CPP) via the Carnegie Joint Venture (CJV), are pleased to report brine analysis results for the initial auger sampling program completed at the CPP. The CJV is also pleased to present recent geophysics results associated with identifying the potential palaeochannel location and provide an update on other works undertaken on the CPP to date.BCI Managing Director,

Alwyn Vorster, commented:

“These results are encouraging and confirm BCI’s original assessment of Carnegie’s potential compared with numerous other Australian SOP exploration projects. Carnegie offers multiple technical and commercial synergy points with BCI’s Mardie Salt Project and forms part of BCI’s diversification into agricultural and industrial commodities.”

Kalium Lakes Managing Director, Brett Hazelden, said:

“The works undertaken to date have benefitted from our significant intellectual property developed, in conjunction with our key consultants, during the past three years.”

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