Where would you find the world’s shallowest buried evaporite potash deposit? The answer is the Callolui Potash Project in Eritrea which is presently owned by South Boulder Mines (ASX:STB).
By John Phillips
The highly anticipated maiden JORC for the Colluli Potash deposit in Eritrea has arrived, and did not disappoint South Boulder Mines (ASX: STB) shareholders.
The maiden resource breakdown is:
- 548 million tonnes at 18.58% KCl, for a total contained potash of 102 million tonnes; and
- This includes, 119 million tonnes at 23.14% KCl.
Adding some extra spice to the result, the recently increased exploration target has been increased again, and now stands at; 750 million tonnes to 1.25 billion tonnes at 18-20% KCl. Continue reading Eritrea: South Boulder announced a maiden 547.6 million tonne mineral resource from its Colluli deposit