Potash West NL (ASX:PWN,OTCPINK:PWNNY) is an Australian based mineral exploration company focused on developing potassium-rich glauconite deposits of the Perth Basin in Western Australia. The company dominates mineral tenure in one of the world’s largest glauconite deposits, which covers an area of over 2,900km2. The Company’s goal is to maximize shareholder value by further defining their substantial potash resource base and bring the deposit into production. Previous exploration has indicated that glauconite sediments are widespread for more than 150km along strike and 15km in width.
Potash Ridge (TSX:PRK) CFO Jeffrey Hillis talks about Sulfate of Potash and the Company’s Blawn Mountain Project in Utah.
Magna Resources Ltd. (CNSX:MNA) President, Mike Sieb, talks 600 million to a billion tons of potash grading between 19 and 29%.
Potash West NL (ASX:PWN) released its quarterly report for the quarter ended in December 2013. Highlights include the placement of 2,000,000 shares and 1,000,000 unlisted options and the refund of $547,000 from the Australian Tax Office.
Potash West NL (ASX:PWN) arranged an equity raising of approximately $0.9 million by way of a fully underwritten, non-renounceable, pro rata entitlement offer of shares, at a price of $0.05 per share.
Arrowhead Business and Investment Decisions completed an updated independent valuation of Potash West NL (OTCQX:PWNNY) and values the Company between $0.39 and $2.40 per share.
Arianne Phosphate (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) arranged a non-brokered private placement for gross proceeds of approximately $1.17 million, by issuing 650,000 Flow-Through Shares, at a price of $1.80 per Flow-Through Share.
Potash Ridge Corporation (TSX:PRK,OTCQX:POTRF) filed its technical report entitled, “NI 43-101 Technical Report Resources and Reserves of The Blawn Mountain Project, Beaver County, Utah” on SEDAR.
Arianne Phosphate (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) filed its financial statements for the third quarter of 2013. The Company also made significant progress on the Lac a Paul Phosphate Rock Project during the third quarter. Highlights include filing the NI 43-101 compliant technical report on SEDAR and announcing positive results of the feasibility study for the project.
Arianne Phosphate Inc. (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) filed the NI 43-101 compliant technical report for the Lac à Paul Phosphate Rock Project on SEDAR. Highlights include Measured and Indicated Mineral Resources in the Paul Zone alone of 590 million tonnes grading an average of 7.1% P2O5 at a 4.0% cut-off grade.