The Conversation (0)
Kalium Lakes (KLL) today announced additional assay results from its Beyondie Sulphate Of Potash Project (BSOPP). These results were from auger holes located in the eastern tenements Resource Area, which comprise Stage 2 of the Project. Importantly, the potassium grades are consistent with results obtained from the same locations two years ago. The ongoing sampling …
Kalium Lakes (KLL) today announced additional assay results from its Beyondie Sulphate Of Potash Project (BSOPP). These results were from auger holes located in the eastern tenements Resource Area, which comprise Stage 2 of the Project.
Importantly, the potassium grades are consistent with results obtained from the same locations two years ago. The ongoing sampling program reflects KLL’s development strategy, where a staged development approach provides initial production from the western areas of the project then expands production to include the eastern areas.
Managing Director, Brett Hazelden, commented:
“To put it into context, the extent of the palaeochannel system covered by Kalium Lakes’ tenements is equivalent to the distance from Perth to Margaret River or Sydney to Canberra.
Our ability to stage this Project allows us to minimise initial capital expenditure, capture market share with a product where there is no production in Australia and then allow the upside to grow the Project with the market over time.”