Company
ASX:SHP
South Harz Potash is focused on the delivery of its dual asset strategy, which is targeting the acquisition of a new critical mineral asset alongside its German potash portfolio.
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Key activities for the June quarter included permitting submission for the second confirmatory hole and beginning Ohmgebirge site works.
The potash developer is a step closer to upgrading the mineral resource at its pioneer German potash asset, where just two holes need to be drilled to bring the resource up to indicated status.
The drilling contractor will execute a confirmatory drill hole at South Harz’s pioneer potash project as it gears up for a mineral resource upgrade and a scoping study.
Non-executive director Len Jubber has acquired 100,000 shares following the purchase of 387,290 shares by managing director Dr Chris Gilchrist.
The company is advancing discussions with the landowners and tenants of other selected drilling sites with permission expected shortly.
The company is advancing discussions with the landowners and tenants of other selected drilling sites with permission expected shortly.
It is on track to complete a short drilling program in advance of issuing an updated mineral resource estimate and technical and economic study by the end of 2021.
The new CFO brings a wealth of financial and corporate experience to the renamed company that has potash interests in Germany.
