(MENAFN- ProactiveInvestors - Australia) Reward Minerals (ASX: RWD) has received approval from the Minister for Indigenous Affairs to begin the first round of works at the Lake Disappointment Potash Project in Western Australia.
Initial works will include construction of the access road, exploration camp, pilot evaporation ponds and conduct of the resource evaluation/upgrade phase of the project.
Lake Disappointment hosts an Indicated Resource of 24.4 million tonnes of potassium sulphate.
The chemistry is similar to the Great Salt Lake in that it is a high sulphate brine.
Brine samples drawn from drill holes returned SOP values up to 20g/L, with the average 12.2g/L. Heavy brine flow was encountered in all holes.
A mining lease was granted for Lake Disappointment in October 2012, and a Native Title agreement was finalised in December.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.