(MENAFN- ProactiveInvestors - Australia) Potash West (ASX: PWN) has defined an initial JORC resource for its Dinner Hill Prospect in Western Australia, with over 98% of the resources already in the higher confidence Indicated category.
The resource of 244 million tonnes at 3% K20 and 1.6% P2O5 extends over 9 kilometres, representing only 20% of the prospect area.
The Dinner Hill Prospect forms part of a much more extensive tenement holding of some 2,900 square kilometres and is just one of 10 prospective areas identified in the Dandaragan Trough so far.
Providing exploration upside, the JORC resource is open to the north, east and south and constrained only by the amount of completed drilling.
Mineralisation also occurs near surface.
The Molecap Greensand has been the primary target at Dinner Hill because of the higher contained potash grades.
The target is estimated to contain 122 million tonnes at 4.6% K20 and 1.8% P2O5, and has an average thickness of 8 metres, thickening to the south and dipping at a shallow angle to the east.
Potash West has identified an area of some 60 square kilometres at Dinner Hill where it is expected additional resources will be identified within 30 metres of the surface.
The company is planning up to 10,000 metres of aircore drilling to significantly increase the resource inventory at Dinner Hill.
A Dandaragan Trough Scoping Study is due for completion in December.
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