Parkway Minerals
Parkway Minerals (ASX:PWN) aims to extract potassium - for the production of potash - from one of the world's largest greensand deposits.
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Parkway Minerals NL samples high grade potash at Lake Barlee
Parkway Minerals NL (ASX:PWN) has received the results of its initial auger sampling program on its flagship 100% owned Lake Barlee Potash Brine Project.
Significant values of both potassium and magnesium were recorded from the near surface brine and surface samples.
Parkway has engaged a hydrologist to assist with targeting the next phase of work to identify the paleo-valleys, which will aims to lead to proof-of-concept drilling.
Patrick McManus, managing director, commented: "The samples were taken from near the lake surface, after two significant rain events.
"The fact that they still registered high values of potassium and magnesium is encouraging."
Other Parkway Minerals news
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2018-05-31 - Parkway Minerals' shares up on back of increase in Davenport Resources' potash resource
2018-04-17 - Parkway Minerals leveraged to growing demand for fertiliser products
2018-03-06 - Parkway Minerals sees Davenport IPO as rare potash opportunity
2016-12-08 - Potash West NL shareholders get priority in upcoming float
2016-11-04
