Reward Minerals (ASX:RWD) has started drilling at its LD Project in Western Australia’s Pilbara region to expand the existing high grade Potassium Sulfate resource at depth.
The project currently hosts a JORC 2004 Indicated Resource of 24.4 million tonnes at 12.37kg SOP/m3 of brine from surface to an average depth of only four metres.
Drilling by the company’s recently purchased heli-transportable coring rig will test the depth extension brines down to more than 100 metres.
This will in turn lead to the definition of an upgraded JORC 2012 compliant resource over a 96 square kilometre area, which is anticipated by the end of the second quarter.
Further drilling will deliver an Inferred Resource over the remaining area of the lake.
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