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Millennial Potash Expands High-Grade Potash Mineralization at Depth Increasing Potash Thickness to 80 Meters in the Northern Part of the Banio Project
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - Millennial Potash Corp. (TSX...
About this update from Millennial Potash Corp
[{"type":"text","content":"Millennial Potash Expands High-Grade Potash Mineralization at Depth Increasing Potash Thickness to 80 Meters in the Northern Part of the Banio ProjectVancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) (\"MLP\", \"Millennial\" or the \"Company\") is pleased to report analytical results from the extension of historic drillhole BA-002 (Fig. 1). Millennial Potash has extended Hole BA-002 to a depth of 552.50m and has intersected additional intervals of potash mineralization beyond the previous drilling depth. Potash Cycle IV returned 17.1% KCl over 4.16m and potash Cycle III returned 18.7% KCl over 4.76 m extending the number of potash cycles intersected in BA-002 to 6 and increasing the cumulative thickness of potash mineralization that may be amenable to solution mining to approximately 80m (Table 1, Figs. 2, 3).Fig. 1 Location of BA-002 Extension drill holeTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4674/186849_d7102cd63487a815_001full.jpgFarhad Abasov, Millennial's Chair, commented \"Millennial Potash is excited to announce that the extension to drillhole BA-002 has successfully intersected two new high-grade seams, one attributed to Cycle IV and the other to Cycle III with potash mineralization, each thicker than 4m, and with potash contents from 17.1% KCl to 18.7% KCl. The cumulative potash seam thicknesses from drillhole BA-002 from Cycle III to Cycle VIII are almost 80m and have the potential to be amenable to solution mining. These promising results will be incorporated into the project database and will provide additional zones of potash mineralization for a Mineral Resource Estimate that will be based only on the northern part of the project which is currently in progress. We expect the maiden Mineral Resource Estimate to be released in coming weeks. This drill hole extension completed by Millennial Potash correlates very well with the historical drill core and other geological data. It also exceeds our expectations regarding the potash horizon thicknesses in the north.\"Drillhole BA-002 was extended from 516.25m to 552.5m for a total of 36.25m of both PQ and HQ sized core. The two new potash seams are interpreted as part of Cycle IV and Cycle III in the evaporite basin and are comprised of pe...