North Dakota fertilizer project on track - Sirius Minerals

12 March 2012 18:13  [Source: ICIS news]

LONDON (ICIS)--Sirius Minerals has denied media reports that work at its North Dakota plant in the US has been stalled following unsatisfactory drilling results, a spokesperson at the global potash fertilizer developer said on Monday.

“We have not stopped progressing on the project,” said JT Starzecki, senior manager of Sirius Minerals.

Dakota Salts, a subsidiary of Sirius Minerals, has drilled a hole at North Dakota, however, the results came in below expectations, at an average grade of 11.8% K2O (potassium oxide).

The company maintains that it is carrying out internal discussions on the next course of exploration to be carried out.

“Rather than keep drilling, which is expensive, we are evaluating our next step. But there is no doubt that we are advancing on the project,” Starzecki said.

There will be news on the North Dakota project in coming months, Starzecki said.

The company, however, maintains that the York Potash project in North Yorkshire, the UK, will continue to be Sirius Minerals’ “primary” project.

“We are just not focused on one project. We are focused on all of them in varying degree,” Starzecki added.

Earlier today, Sirius Minerals announced that results of the second borehole drilled at the York Potash project have been strong and in line with previous results.

Sirius Minerals owns properties overlying potash deposits in the UK, north America, and Australia.


By: Deepika Thapliyal
+44 208 652 3214



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