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Ethiopian Potash Obtains High-Grade Sylvite Assays from Danakil Potash Project

Ethiopian Potash (EPC) has currently obtained the assay results for the drill holes 1 and 3, which is situated in the Discovery zone of the Danakil potash project’s southwest corner in Ethiopia.

EPC’s CEO and President, David Wahl, commented that the company is announcing the good assay results into the soft market in the tax-loss selling period and the investors can identify the model of high grade sylvite over excellent thickness. Some of the drilling results are remaining. The company is expecting to provide a fresh 43-101 in the early period of 2012’ first quarter.

The company intersected 40.56% KCL over 2.50 m, 36.66% KCL over 1.50 m, 34.39% KCL over 5.90 m, 16.66% KCL over 12.00 m and 6.70% KCL over 11.60 m in the hole DAL-003. It also cut 34.61% KCL over 2.00 m, 15.13% KCL over 3.00 m and 0.96% KCL over 12.50 m in the hole DAL-001. These two holes include Sylvite, Kainite and Carnallite units.

Ethiopian Potash has control over the near-surface mineralization potash growth concessions of 481 sq. km. located in the Danakil Depression’s fairway in Ethiopia. It is currently having 128 Mt of resource at 21% of potash and has planned to aggressively fast-track the company’s properties for production.

Source: http://ethiopianpotash.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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