Australian Potash pushes ahead with pre-development at Lake Wells Sulphate of Potash Project
The ASX-lister’s pioneer potash project is a long-life operation spanning more than 30 years, with local and regional employment opportunities for up to 80 people in steady-state operations. The Lake Wells Village messing and accommodation.
Australian Potash Ltd (ASX:APC) has started constructing the Lake Wells Village, an accommodation site at its flagship potash asset in Western Australia.
The village will provide lodging for workers across the Lake Wells Sulphate of Potash Project (LSOP), which carries the largest measured, JORC-compliant sulphate of potash resource in Australia.
In addition to accommodation construction, the company says other pre-development activities are underway across the asset with borefield development drill rigs on-site and working across the project’s western borefield.
Australian Potash says Lake Wells coming on line at the right time
Australian Potash Ltd s (ASX:APC) Matt Shackleton tells Proactive they ve started constructing the Lake Wells Village, an accommodation site at its flagship potash asset in Western Australia. In addition he says other pre-development activities are underway with borefield development drill rigs on-site and working across the project’s western borefield.
Quick facts: Australian Potash Ltd
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Australian Potash Ltd s (ASX:APC) Matt Shackleton tells Proactive s Andrew Scott mobilisation has commenced for the diamond drilling program targeting.
Australian Potash welcomes strong support for $10 million placement
Australian Potash Ltd s (ASX:APC) Matt Shackleton speaks to Proactive s Andrew Scott after receiving firm commitments from global institutional, professional and sophisticated investors for a $10 million placement at 14 cents per share. The funds raised will go towards pre-development activities at the Lake Wells SOP project ahead of a Final Investment Decision as well as a maiden diamond drill program at its Laverton Downs nickel sulphide project.
Quick facts: Australian Potash Ltd
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