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Ringbolt Ventures Begins Drilling Program at Lisbon Valley Potash Project

Ringbolt Ventures has started a drilling program at its Lisbon Valley potash project in Utah.

The company has proposed a drilling program to examine the salt and potash horizons at one of its state leases, which is on section 36, township 29.5 south and range 25 east. The plan of this program is to employ reverse circulation (RC) drilling to the crest of the salt bed 5 at around 2,800 ft depth, wherein historical assay of 18.5% K2O was reported and then perform the core drill at the potash bed and this RC drilling will be continued to the crest of the salt bed 9 at about 3,770 ft depth, where historical assays of 31.09% K2O was encountered.

Initially, potash was identified in an oil and gas well of Paradox Basin. Superior Oil drilled the primary potash at the Lisbon Valley anticline’s peak during 1962. The Cane Creek mine, which is owned and operated by Intrepid Potash, has been producing potash since 1964.

The President of Ringbolt has stated that the company has begun aggressive drilling at its project to increase the significant potential of potash deposits, analogous to the nearby Cane Creek mine and has worked hard for the last three years to gain the necessary support at Federal levels.

Source: http://www.ringboltventures.com/

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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