The release of the definitive feasibility study (DFS) on the Lake Wells Potash Project has potential to be a major catalyst for the company.
() is a step closer to completing its DFS after finishing final field programs at its 100% owned Lake Wells SOP Project in Western Australia.
APC’s managing director and CEO Matt Shackleton said: “A seminal milestone in the Lake Wells development timeline has been achieved with the demobilisation of the last test-pumping crew from site today.
“Final documentation of DFS findings is underway, with CAPEX modelling complete, logistics pathway finalised, and optimal energy solution and associated cost identified.
“I look forward to updating our shareholders in the near-term with the complete findings of the DFS into this high-quality, eastern Goldfields SOP project.”
The company also noted a JORC resource upgrade and maiden Ore Reserve estimate reflecting over 60,000 metres of drilling data is imminent.
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