African Potash’s (AIM: AFPO) second and final hole of its first drill campaign at the Lac Dinga Potash Project picked up where the first left off after successfully intersecting potash mineralisation.
The two-hole drill programme tested two high-priority targets at the flagship project, which is located in a world-class potash bearing region in the Republic of Congo and it hasn’t disappointed.
The latest hole intersected a 112-metre thick salt sequence made up of multiple potash seams totalling about 48 metres, 43% of the total interval.
The drilling results confirm laterally extensive salt and potash mineralisation, which is characteristic of the Congolese coastal basin and further underpins the project’s potential to host a significant commercial deposit.
The salt sequence encountered by the second hole is similar to the first hole which intersected a 120-metre thick salt sequence from about 415 metres below surface and included multiple potash seams totalling about 40m.
The company believes about 250 square km of the licence area is underlain by salt-bearing strata at a depth of about 300- to 420-metres below surface.