Proactive Investors - Run By Investors For Investors

Reward Minerals given green light to begin WA potash development

Reward Minerals given green light to begin WA potash development

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.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

View full RWD profile View Profile

Reward Minerals Ltd Timeline

Related Articles

1541519935_Great-Bear-Resources---Dixie-project.jpg
November 07 2018
Great Bear has attracted the attention and the investment dollars of Rob McEwen
Cobalt
November 28 2018
The junior miner is acquiring the Hautalampi nickel-copper-cobalt deposit in the historic Outokumpu mining camp of eastern Finland
1539615615_ZincBalls.jpg
October 16 2018
Dr Graham Carman, president and chief executive, noted that at this point more than 40,000 metres had been drilled...

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use