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Parkway announces commencement of brine drilling on Lake Barlee

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World Fertilizer,

Parkway Minerals has announced that it is commencing the initial ‘proof of concept’ drill program on its 100% owned Lake Barlee Salt Lake Project in Australia.

The project is located between Sandstone and Southern Cross to the east of the Wheat Belt of Western Australia. It offers excellent infrastructure as it is close to both major rail and road facilities.

In the statement, Parkway claims that it has tenure covering approximately 1956 km2 over Lake Barlee, which it is targeting for potash mineralisation in brines in paleochannels incised into the basement rocks. From the interpretation completed by the company’s consultant hydrologist using the passive seismic data, Parkway says it is targeting potential paleochannels on seismic lines spaced between 2 and 8 km apart with 10 aircore holes.

The company claims that its recent surface water sampling returned potassium values up to 2430 mg/l, which is encouraging, although it is also the first time the deeper channel has been drill tested.

Parkway has engaged a specialist lake drilling rig from Ausdrill to undertake the program. The rig and crew are reportedly mobilising to site on 11 June, with drilling expected to last for two weeks.

Patrick McManus, Parkway Minerals MD, said: “This programme is designed to confirm the potential of the Lake Barlee system to host economic deposits of sulfate of potash. We are excited to be carrying out this programme and look forward to the evaluation of the samples.”

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