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Elemental Minerals announces its best potash intersection yet; 4.47m grading 36.41% K2O (57.66% KCl), from the first borehole at the Dougou Prospect, ~15 km southwest of the Kola Deposit
PERTH, Australia, Sept. 4, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Elem...
About this update from Element Lifestyle Retirement Inc.
[{"type":"text","content":"\n\n\n\n\n\n\n\n\nPERTH, Australia, Sept. 4, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) (\"Elemental\" or \"the Company\") is pleased to announce\n results of the first Dougou Prospect borehole (ED_01).\n\n\nHIGHLIGHTS\n\n\nExceptional 36.41% K2O (57.66% KCl) from first Dougou Prospect drill hole (ED_01),\n intersecting a thick sylvinitic Hangingwall Seam (HWS) of 4.47 metres,\n including an interval of 1.74 metres grading 39.91 K2O (63.20% KCl).\n\nAt 4.47 metres, the sylvinite intersection of ED_01 is thicker than the\n intersections of the HWS at Kola which range from 2.46 to 3.75 metres.\n\nThe drilling at Dougou has also identified a new set of high-grade\n sylvinite seams which occur approximately 10 metres above the HWS.  An\n intersection of 3.93 metres grading 22.74% K2O (36.01% KCl) was returned for this mineralisation and given its\n position it has been named the \"Top Seam\".\n\nThe HWS and Top Seam can be correlated with the recent intersections at\n the Kola deposit, 15 kilometres to the northeast (see Fig 2).\n\nThe prospective area at Dougou covers some 10 km by 20 km (see Fig 1)\n and is located only 21 km from the coast and the planned product port\n facilities at Tchiboula.\n\nOnly one borehole drilled to date; an exploration programme is currently\n being designed, with the objective of defining the mineralisation\n within the HWS and the Top Seam at Dougou, and further testing of the\n area between Dougou and Kola.\n\n\nCommenting on the results of the first Dougou drilling, Elemental's CEO,\n Iain Macpherson, stated: \"The exceptional quality of this intersection exceeds expectations and\n highlights the quality of the Dougou Prospect. With planned further\n drilling at Dougou we would like to repeat the success of our resource\n drilling at Kola; this time exclusively targeting the mineralisation of\n the Hangingwall and Top Seam. The Kola deposit is a potash asset of\n global significance and with the addition of the Dougou Prospect, the\n full potential scale of both the Sintoukola Project and the Congo basin\n are becoming clear.\"\n\n\nAbout the Dougou Prospect\n\n\nThe Dougou Prospect is located approximately 15 km southwest of the Kola\n Deposit (see Fig. 1) and 21 km from the planned Tchiboula port\n facility. This target, amongst others was generated based on\n reprocessed high-qual...