Potash West (ASX:PWN) is an exploration company focused on developing potassium-rich glauconite deposits in West Australia. The Company aims to define a substantial resource base and investigate how best to recover potash from the mineral. A successful commercial outcome will allow the Company to become a major contributor to the potash market at a time of heightened demand.
The Company has a major land holding over one of the world’s largest known glauconite deposits, the Dandaragan Trough to the north of Perth, with exploration licenses and applications covering an area of 2,900km. It has also recently signed an agreement allowing it to earn a 70% interest in a large, potentially phosphate and glauconite rich, project in Western Australia’s north west.
Company Website: www.potashwest.com.au