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Parkway Minerals looking to partner at Dandaragan Trough as it develops Lake Barlee

Parkway Minerals NL (ASX:PWN) managing director Patrick McManus speaks with Proactive Investors about the company's two fertiliser projects in Western Australia, and its proprietary K-Max® potassium extraction process.

Aircore drilling is underway at the large-scale Lake Barlee Potash project. At the more advanced Dandaragan Trough Project, the company's patented K-Max® potassium extraction process is set to add value to the large greensand deposits there, according to scoping studies. Parkway Minerals is looking to take on a partner to develop that project, beginning with the Dinner Hill resource, as it focuses on developing Lake Barlee.

The K-Max® process could potentially be licensed to extract a number of elements from micaceous minerals.

Additionally, Parkway Minerals recently increased its stake in Davenport Resources (ASX:DAV) from 26% to 34%. Davenport Resources through its 100% owned subsidiary, East Exploration Gmbh, is exploring for potash in the highly prospective South Harz region of central Germany. "There's a lot more work to be done on that project, but it's really turning up some very strong positive resources," says McManus.

Quick facts: Parkway Minerals NL

Price: 0.016 AUD

ASX:PWN
Market: ASX
Market Cap: $35.14 m
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