American Potash Receives Drill Permits Highlights:
- Three drill permits granted to American Potash on key Utah State mineral leases on their Green River Potash and Lithium Project to test for potash, lithium and other brine salts
- Company drilling intends to upgrade existing Potash Exploration Target of 600 million to 1 billion tonnes of sylvinite grading 19% to 29% KCL to a resource prepared in accordance with NI 43-101 as part of a Preliminary Economic Assessment
- Lithium, bromine and boron will also be analyzed to define an initial resource for each
- Anson Resources Ltd.’s neighboring Green River Lithium Project has announced an exploration target estimated to contain from 200,000 to 390,000 tonnes of Li and 3.2 to 7.8 million tonnes of Br.(1)
- Same rock units and brine-bearing aquifers used to estimate Anson’s exploration target underlie the Company’s entire project area
VANCOUVER, British Columbia, Oct. 04, 2023 (GLOBE NEWSWIRE) -- American Potash Corp. (CSE:KCL)(OTCQX:APCOF) ("American Potash" or the "Company") is pleased to announce that it has received permits from the Utah Division of Oil Gas and Mining (UDOGM) to drill exploratory wells on three of its eleven 100% owned potash and lithium state mineral leases which form part of its Green River Potash and Lithium Project, located within the Paradox Basin, Utah.
American Potash Receives Drill Permits for Three (globenewswire.com)