21 October 2013 23:31 [Source: ICIS news]
HOUSTON (ICIS)--Pacific Potash has obtained the environmental permits necessary to begin drilling tests for its Amazonas Potash Project in Brazil, the Canadian fertilizer producer announced on Monday.
Vancouver-based Pacific Potash officials said the company has finalised its work program, which included processing and analysing of its initial drill targets, and expects to begin drilling within seven days.
Currently the second largest land holder in the Brazilian Amazon potash basin, the company said the initial drilling will be the first potash well ever conducted in the central part of the basin as previous efforts had only been attempted on the edges of that region, which is comprised of 1,725,000ha (4,260,000 acres) and has been shown to hold vast deposits of the vital crop nutrient.
Officials said it will take approximately 60 days for the testing to drill to the desired depth, an estimated 1.5km (0.9 miles), and remove core from the deposit formation. Pacific said the core samples it recovers will be sent to Saskatchewan for chemical analysis and processing.
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