logo-loader
viewBlackham Resources Ltd

Blackham Resources’ potash partner receives all permits, construction begins

This will be Australia’s first commercial scale on-lake evaporation pond system.

Lake Williamson pit and site
The ponds will be used to evaporate potash from the brine in the Williamson pit

Blackham Resources Ltd’s (ASX:BLK) partner, Salt Lake Potash Ltd (ASX:SO4) has commenced construction of first phase evaporation ponds at Lake Way in Western Australia.

This follows the receipt of the final approval from the Department of Water and Environmental Regulation (DWER).

The Lake Way Ponds will be the first commercial scale on-lake sulphate of potash (SOP) evaporation ponds in Australia.

The first phase will enable de-watering of the Lake Way Williamson Pit that contains the highest grade brine resource in Australia.

The brine solution in the Williamson pit is the highest grade SOP brine resource in Australia

The initial ponds will have the capacity to hold the Measured Resource of 1.2 gigalitres of Williamson Pit brine at an average SOP grade 25 kilograms per cubic metre which contains an equivalent of 32,000 tonnes premium SOP.

Today’s update follows the October 2018 news regarding receiving approval to dewater the Williamson Pit.

READ: Blackham Resources’ potash partner receives regulatory approval milestone

Pursuant to an MoU Salt Lake Potash will dewater the pit ahead of Blackham re-entering the pit for gold mining.

Under the MoU, Salt Lake POtash will acquire Blackham’s brine rights and Blackham will acquire gold rights to Salt Lake Potash's Lake Way holdings.

Quick facts: Blackham Resources Ltd

Price: 0.012 AUD

ASX:BLK
Market: ASX
Market Cap: $52.89 m
Follow

Add related topics to MyProactive

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

NO INVESTMENT ADVICE

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 Blackham Resources Ltd named herein, including the promotion by the Company of Blackham Resources Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Blackham Resources Sydney/Melbourne Investor Luncheon Presentation

Blackham Resources Sydney/Melbourne Investor Luncheon Presentation

on 10/21/2015

2 min read