US Embassy visits Banio Potash Project
Published by Oliver Kleinschmidt,
Deputy Editor
World Fertilizer,
Millennial Potash has announced that US Embassy Acting Chargé d’Affaires for Gabon, Susan N’Garnim, and a delegation of US diplomats visited the company’s Banio Potash Project on 10 September, providing a first-hand review of drilling, infrastructure and progress toward its Definitive Feasibility Study.
The visit builds on US government support for Banio through the US International Development Finance Corporation (DFC), which is providing US$3 million to support the project’s feasibility work.
During the visit, the delegation reviewed potash-rich drill core from BA-006 and visited the BA-008 drill site, where exploration is underway as Millennial seeks to extend the project’s potash resources south and west of its current Mineral Resource Estimate.
“The visit by the US Embassy Acting Chargé d’Affaires Susan N’Garnim and the Embassy delegation provided an excellent opportunity for them to witness the scale of the Banio Potash Project, the ongoing drilling and field work, the resource potential, and the extensive involvement of local Gabonese workers on site,” said Millennial Potash Chairman Farhad Abasov.
ACDA N’Garnim and the delegation toured the company camp and logistics facilities, attended a technical presentation by the company on potash outlining the potential benefits a project of this magnitude can bring to the region and an update on the progress of the Banio DFS. The ACDA inspected potash-rich drill core from new drillhole BA-006 and expressed great satisfaction at the company’s progress to date. The delegation also had the opportunity to review drilling at the BA-008 drill site where the drill team was actively advancing casing to prepare for cementation. ACDA N’Garnim and the delegates expressed that their visit exceeded expectations and were very impressed with the company infrastructure at the project and the high level of professionalism displayed by the MLP team.
Millennial Potash continues exploration drilling at BA-007 and 008 to potentially extend potash resources south and west of the current project Mineral Resource Estimate (MRE) which is comprised of Measured Mineral Resources Estimate of 648.2 million t grading 15.7% KCl, an Indicated MRE of 1.8 billion t grading 15.6% KCl, and an Inferred MRE of 3.56 billion t grading 15.6% KCl. The current 4-hole programme is planned for completion in 2026 at which time an updated MRE is expected to be completed. Millennial has also been advancing its planned Definitive Feasibility Study and its planned Environmental and Social Impact Assessment study.
Read the article online at: https://www.worldfertilizer.com/potash/16092026/us-embassy-visits-banio-potash-project/