South Harz Potash Ltd (ASX:SHP) has received drilling approval from the German regulatory authority, Thüringer Landesamt für Umwelt, Bergbau und Naturschutz (TLUBN), for the second of two planned confirmation drill holes within the flagship Ohmgebirge Mining Licence area of its South Harz Potash Project in Germany.
Drilling of OHM-02 is set to commence this week, with completion targeted in early February 2022.
The drilling of OHM-01 to commence immediately after completion of OHM-02.
World-class potash asset
South Harz managing director Dr Chris Gilchrist said: “I am delighted that we have received our second and final drilling permit for this area.
“Securing this permit enables the comprehensive progression of our evaluation program for Ohmgebirge over coming months, which includes drilling both confirmatory drill holes and the completion of a scoping study on further development of this world-class potash asset.”
Drill program
Activities at OHM-01 are set to commence shortly with the construction of the drill pad.
The drill pad at OHM02 was completed on schedule in December 2021, with drilling set to commence in the next few days.
Following completion of drilling at OHM-02, targeted for early February, the drill rig will be moved directly to OHM-01 for rapid commencement of this second hole.
Hole OHM-01 is planned to a depth of 813 metres, targeted to fully penetrate the known potash horizon in the area.
The drill hole is designed to twin the historical drill hole, Kal Ktf 5/83, which recorded a 3-metre potash intercept from 785.2 metres with a historically reported grade of 12.4% potassium oxide.
Scoping study
Drilling and assay of these two confirmatory drill holes are targeted to allow South Harz to upgrade a substantial proportion of the current Ohmgebirge JORC (2012) inferred mineral resource estimate to the indicated category.
Subject to concurrent and satisfactory advancement of all modifying factors, this is expected to allow the release of a comprehensive scoping study for Ohmgebirge, which is scheduled for completion by the end of the first quarter of 2022.