Ethiopian Potash Corp. (TSXV:FED,OTCQX:ETPHF) announced assays from six drill holes at the Danakil Project.
As quoted in the press release:
Based on the assay results of holes DAL-002, -004 and -007, the weighted composite average grade of KCL over the entire potash bearing horizon, comprising the Sylvite, Carnallite and Kainite layers, is 21.3% KCL over an average true width of 19.8m.
Ethiopian Potash’s President, Director and CEO, Mr. Wahl said:
The Company is now drilling Hole 20 and anticipates completing its program of 29 holes on the Southwest Discovery Zone in January. At that time, Ethiopian Potash will be in a position to commission a new 43-101 compliant resource estimate on its Southwest Discovery Zone. Concurrently, EPC will refocus the drilling campaign on its shallow Colluli target area. Construction of the access road from the Southwest