Mid West Project
Highlights
- Shenton Resources continues to steadily progress exploration and metallurgical investigation of its hard-rock hosted potash project.
- Project is located two hours north from Perth and within 2km of major road/rail corridor and regional power grid. Adjacent to major population and service centre of Moora
- 610 km2 of granted Exploration Licences with prospective host rocks covering strike length of 65km over freehold agricultural land
- Company successful in securing a co-funded Exploration Drilling grant of $74,500 from 2018 Round 16 for RC and diamond drilling programme at Watheroo.
- A near surface potassium rich zone outlined over 2km strike length by recently completed co-funded RC drilling programme with best drill intersection to date of 29m @ 8.74% K2O
- Potassium rich zone outlined at Watheroo amenable to conventional shallow open pit mining operation
- Targeting 250Ktpa of K2SO4 (SOP) production for +20 years. Potassium extraction rates up to 89% before optimisation from oxide and transition ores.
Click on the link below for the Offer Information Statement. The offer opens on 31 December 2018 and closes 5pm Perth time on 15 February 2019. Valid acceptance must be received before that time.
Offer Information Statement (2.5mb)
Click on the link below for the Investor Update January 2019
Investor Update January 2019 (87kb)
Click on the link below for Shenton Mid West Potash Project Investor Presentation January 2019.