Reward Minerals (ASX: RWD) has started the second phase of reverse circulation drilling at Lake Disappointment East in Western Australia to identify the availability of regional sources of Potash brines near the current resource.
The Lake Disappointment Potash Project currently has an Indicated Resource of 24.4 million tonnes K2SO4.
About eight holes are expected to be drilled to basement on circa 4 kilometre spacing about 70 kilometres northeast of Lake Disappointment. The program will be extended if results are encouraging.
Following the completion of drilling at LD East the rig will be relocated to Dora West where it will commence a drill program testing Palaeovalley depth and brine flows approximately 20 kilometres west of Lake Dora and 60 kilometres east of the Waukarlycarly embayment.
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