African Potash to move forward on Congo Lac Dinga project

20 March 2014 22:50 Source:ICIS News

HOUSTON (ICIS)--Fertilizer developer African Potash announce on Thursday that it has completed the exploration of seismic data at its Lac Dinga Project in Congo-Brazzaville, which will enable the company to select areas for drilling and advance the on-ground exploration activities at its flagship potash project.

UK-based African Potash is focused on acquiring potash assets or projects in sub-Saharan Africa. Company officials said acquisition of seismic data is a positive step towards finalising an initial exploration programme at the Lac Dinga project.

The company’s flagship project is the Lake Dinga Project in the Kouilou region of Congo. It is adjacent to the Sintoukola licence held by Elemental Minerals Limited and the Makola licence of Evergreen Resources Holdings.

Company officials said the initial review of the seismic data indicates a high potential for the presence of commercial potash mineralisation in the southern project area. In addition, the historic drill hole information confirms the development and presence of variable amounts of potash mineralisation in the form of sylvinite and carnallitite in areas outside the project area.

Exploration will be conducted in two stages with phase one drilling comprising two holes to be completed by Q1 2014 and phase two drilling comprising 12 holes to be completed by Q3 2014.

By Mark Milam