EAST AFRICA focused potash company South Boulder Mines (ASX:STB) has announced Pre-feasibility Study results that show its flagship Colluli potash project could become one of the lowest-cost, and most significant, potassium sulphate operations in the world.
Operations will focus on the production of high quality potassium sulphate which commands a price premium over the more common potassium chloride product.
It is also the world’s shallowest known potassium bearing evaporate deposit.
SOUTH Boulder Mines (ASX:STB) is pleased to announce Pre-Feasibility Study (PFS) level drilling at its Colluli Potash Project in Eritrea, East Africa, has been completed ahead of schedule.
The early completion of the PFS section of the drilling program allows for the finalisation of the mining study and the Resource Report by the Perth-based international team AMC Consultants and will help ensure the timely delivery of the PFS early in 2015.