viewDavenport Resources Ltd

Davenport Resources aims to bring unique German potash assets into JORC compliance

Davenport Resources Ltd (ASX:DAV) non-executive chairman Patrick McManus speaks to Proactive Investors about the agri-minerals company’s South Harz Potash Project in central Germany.

In July of this year Davenport received three perpetual mining licences for the German project, unique concessions that carry no expenditure commitments or royalties on production.

“We’ve got this huge body of data that came with the purchase of the mining licences and our geological team have been reviewing that,” McManus says.

He continues, “[we’ve] identified Soviet-era resources on all three of the licences and we’re now in the process of … updating it to JORC-compliance.”

Quick facts: Davenport Resources Ltd

Price: 0.063 AUD

Market: ASX
Market Cap: $26.66 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Davenport Resources Ltd named herein, including the promotion by the Company of Davenport Resources Ltd in any Content on the Site, the Company...


Davenport Resources aiming for significant mineral resource update by end 2021

With an oversubscribed placing and strong shareholder support in the UK, Europe and Australia, potash developer Davenport Resources (ASX:DAV) is going through a renaissance. With a cornerstone bank as an investor, Managing director Chris Gilchrist says the company will be far from news 'light'...

3 weeks, 5 days ago

2 min read