Potash West Releases Quarterly Report

 Potash West NL (ASX:PWN,OTCQX:PWNNY) released their quarterly report in December 2012. The report outlined highlights from the Dandaragan Trough Project and future plans.

As quoted in the press release:

HIGHLIGHTS:

  • Dandaragan Scoping Study released subsequent to end of December quarter
  • Results confirm technical & financial viability for the proposed development of a potash production facility based at the Dandaragan Trough Project
  • Results demonstrate that glauconite resources at Dinner Hill can support a 2.4Mtpa operation over a +60 year operational life
  • IRR (pre-tax, ungeared) 21.0%
  • Company now progressing project towards a Definitive Feasibility Study
  • Provisional patent lodged for valuable glauconite to potassium proprietary processing method
  • Maiden JORC compliant Indicated Resource identified at Dinner Hill

Click here to read the Potash West NL (ASX:PWN,OTCQX:PWNNY) press release
Click here to see the Potash West NL (ASX:PWN,OTCQX:PWNNY) profile