Parkway Minerals NL (ASX:PWN) will commence initial proof-of-concept drilling next week at its 100% owned Lake Barlee Potash project in Western Australia.
Parkway’s managing director Patrick McManus said: “This program is designed to confirm the potential of the Lake Barlee system to host economic deposits of sulphate of potash.
“We are excited to be carrying out this program and look forward to the evaluation of the sample.”
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Lake Barlee is located midway between Sandstone and Southern Cross to the east of the Wheat Belt of Western Australia.
The area has access to solid infrastructure as it is relatively close to major rail and road facilities.
Program to confirm material in paleochannels and brine quality
Parkway is targeting for potash mineralisation in brines in paleochannels under the surface.
10 aircore holes on seismic lines have been planned using the interpretation of the November 2017 seismic data.
Furthermore, recent surface water sampling undertaken by Parkway returned potassium values up to 2,430 milligrams per litre.
Drilling expected to take two weeks
The company has engaged a specialised lake drilling rig from Ausdrill (ASX:ASL) to undertake the program.
The rig and crew are mobilising to site on the coming Monday and drilling is expected to take two weeks.